Light Rain Fog/Mist 45°
Tag:

OPEC

News
No Spring Break For Motorists As Gas Prices Keep Climbing No Spring Break For Motorists As Gas Prices Keep Climbing
No Spring Break For Motorists As Gas Prices Keep Climbing There’s been no Spring Break for motorists this month, as prices at the pump continue to climb. Nationally, as of Thursday, April 4, the average price at the pump has reached $2.72 per gallon, a three-cent increase from last week and up 29 cents from a month ago, according to AAA. The current price is six cents higher than last year. “Three months ago motorists could find gas for less than $2.50 at 78 percent of gas stations. Today, you can only find gas for that price at one-third of stations, which is likely giving sticker shock to motorists across the country,” AAA spokeswoman Jeanette C…

SHARE

by Zak Failla
News
Gas Prices Reach Five-Year March Peak Gas Prices Reach Five-Year March Peak
Gas Prices Reach Five-Year March Peak Both New York and Connecticut have entered the “drivers’ dozen” and are among the 12 states with the highest gas prices in the country. Nationally, as of Tuesday, March 26, the average price at the pump has hit $2.65 per gallon, up nine cents from a week ago and 25 cents from a month ago. The price is three cents more than a year ago, according to AAA. “Thanks to increasing demand and tightening gasoline stocks across the country, March gas prices came in like a lion and will not go out like a lamb,” AAA spokesperson Jeanette Casselano said. “State gas price averages are very similar to a y…

SHARE

by Zak Failla
Business
National Gas Price Average Jumps Seven Cents In Week National Gas Price Average Jumps Seven Cents In Week
National Gas Price Average Jumps Seven Cents In Week After months of declining prices at the pump, motorists have seen the average price of gas jump nearly a dime in the past week, according to AAA. Nationally, as of Monday, March 18, the average price per gallon was up to $2.54, an increase of seven cents in a week and 23 more cents than last month. AAA officials noted that the price is the exact same as it was on the same date last year. According to AAA, for the first time since the end of November last year, the national gas price average the past four days was identical or a penny more expensive year-over-year. While the national gas pri…

SHARE

by Zak Failla
Business
Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost
Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost Prices at the pump continue to plummet for motorists, as the gasoline demand hits its lowest level in nearly two years, AAA announced. Nationally, the average motorist is paying $2.23 per gallon, down from $2.49 a year ago and down 19 cents from a month ago. The price drop comes despite a record number of travelers throughout the country during the holiday season. According to AAA, the average price per gallon has dropped each week for more than three months. Officials cited supply and demand for the decreasing prices. “As the global crude market continues to be oversupplied, oil prices ar…

SHARE

by Zak Failla
Lifestyle
Here's How Gas Prices Will Start New Year After Roller-Coaster Ride In 2018 Here's How Gas Prices Will Start New Year After Roller-Coaster Ride In 2018
Here's How Gas Prices Will Start New Year After Roller-Coaster Ride In 2018 As the new year starts, AAA has announced that Connecticut drivers may be able to expect reduced prices at the gas pumps. After the “roller-coaster ride” of prices in 2018, new statistics show that this year’s average price for a gallon of self-serve regular in Connecticut is exactly the same as it was just one year ago, as of Friday, Dec. 28, at $2.64. On a national level, prices are stabilizing as well. The average national price is $2.29, which is nine cents less than last year. Plus, full 20% of states have average prices below $2.00 per gallon. The AAA attributes these price reduction…

SHARE

by Valerie Musson
Lifestyle
Prices At Pump Continue Dropping For CT Motorists Prices At Pump Continue Dropping For CT Motorists
Prices At Pump Continue Dropping For CT Motorists Prices at the pump continue to drop for motorists in Connecticut. After reaching a five-year peak, prices have been slowly, but surely dropping, with Connecticut’s average price per gallon of regular self-serve gas dropping to $3.09, down a few cents from a week ago. Nationally, the average price per gallon has reached $2.84, five cents lower than a week ago and 13 cents from a month ago. A year ago, the average price sat at just $2.26. In Connecticut, AAA’s weekly survey of gas prices found that the average price per gallon in the Nutmeg State’s six regions are: Bridgeport: $3.17 (down …

SHARE

by Zak Failla
Lifestyle
Paying At The Pump Is Taking Up More Of Motorists' Paychecks, AAA Says Paying At The Pump Is Taking Up More Of Motorists' Paychecks, AAA Says
Paying At The Pump Is Taking Up More Of Motorists' Paychecks, AAA Says Motorists will spend nearly $100 more per month on gas to fill up at the pump this summer, as compared to a year ago, according to a AAA study. Consumers are spending $69 more monthly, on average, since the summer of 2017. According to AAA, gasoline expenses account for 7 percent of an American’s annual income, a 1.5 percent increase from a year ago. With strong summer consumer gasoline demand expected in the months ahead, AAA stated that motorists can expect little relief at the pump with the national gas price average ranging between $2.85 and $3.05 nationally through Labor Day. Official…

SHARE

by Zak Failla
Lifestyle
Relief In Sight? Connecticut Gas Prices Fall For First Time In Months Relief In Sight? Connecticut Gas Prices Fall For First Time In Months
Relief In Sight? Connecticut Gas Prices Fall For First Time In Months After gas prices reached their highest point in nearly five years over Memorial Day Weekend, there may be some relief in sight for motorists in the tristate area. The national price of gas has dropped - albeit just three cents - to an average of $2.94 per gallon, the first drop in three months, according to AAA, though prices in the region remain amongst the highest int he country. Despite the modest drop in price per gallon, motorists will still see relatively high prices, unlike last year, when the average price was $2.37 nationally. “Nearly 80 percent of Americans say the price of gaso…

SHARE

by Zak Failla
News
Connecticut Gas Prices Remain Among The Highest In The Nation Connecticut Gas Prices Remain Among The Highest In The Nation
Connecticut Gas Prices Remain Among The Highest In The Nation The tristate area remains among the nation’s most expensive places to get gas, even as gas prices held relatively steady throughout the country during the Memorial Day Weekend holiday. Gas prices jumped just three cents in the past week, leading to a national average of $2.96 per gallon, with the average price in this area well over $3 per gallon. The jump comes weeks after President Donald Trump decision to withdraw the United States from the Iran nuclear deal. The average price per gallon is up 60 cents from a year ago and 15 cents from a month ago. The tristate area is still one of the m…

SHARE

by Zak Failla
Lifestyle
Memorial Day Weekend Gas Prices Will Be Highest In Years, AAA Warns Memorial Day Weekend Gas Prices Will Be Highest In Years, AAA Warns
Memorial Day Weekend Gas Prices Will Be Highest In Years, AAA Warns Local residents planning on traveling on Memorial Day will see the highest prices at the pump in four years, according to AAA. Gas prices have jumped 12 cents in the past two weeks, leading to a national average of $2.93 per gallon, with the average price in this area well over $3 per gallon. The jump comes days after President Donald Trump decision to withdraw the United States from the Iran nuclear deal. “AAA forecasts nearly 37 million travelers will hit the road for the holiday weekend. Compared to an average of the last three Memorial Day weekends, pump prices are nearly 50 cents more …

SHARE

by Zak Failla