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Gas Prices In CT Drop Below $4 For First Time In 17 Weeks, AAA Reports Gas Prices In CT Drop Below $4 For First Time In 17 Weeks, AAA Reports
Gas Prices In CT Drop Below $4 For First Time In 17 Weeks, AAA Reports For the first time in months, the average price of a gallon of gas in Connecticut has dipped below the $4 mark, according to AAA. The organization reported that the average price for a gallon of self-serve, regular gas reached $3.99 in Connecticut on Wednesday, Aug. 24, marking the first time the average has dropped below $4 in 17 weeks and four days. The average price dropped 3 cents from Monday, Aug. 22, and 41 cents from last month, AAA reported. “We’ve been on a roller-coaster ride of gas prices all summer long,” said Fran Mayko, AAA Northeast spokeswoman. “If crude oil prices edge low…

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by Nicole Valinote
Business
US Withdrawal From Iran Deal Sparks Concerns Of Gas Price Spike US Withdrawal From Iran Deal Sparks Concerns Of Gas Price Spike
US Withdrawal From Iran Deal Sparks Concerns Of Gas Price Spike Just as gas prices began leveling off, according to a AAA report, there is a new fear of a spike in prices following President Donald Trump’s decision to withdraw the United States from the Iran nuclear deal. Trump announced Tuesday afternoon not to waive sanctions on Iran, effectively terminating the United States’ participation in the Iran Nuclear Agreement which has prevented Iran from developing nuclear weapons since 2015. The withdrawal of the deal has led to fears that even as gas prices reach their highest national average in four years, they may spike, just in time for the busiest d…

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by Zak Failla