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Crude Oil Prices

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Early Christmas Gift: CT Gas Prices On A Steady Decline; Here's How Much Per Gallon Early Christmas Gift: CT Gas Prices On A Steady Decline; Here's How Much Per Gallon
Early Christmas Gift: CT Gas Prices On A Steady Decline; Here's How Much Per Gallon A steady drop in gas prices is bringing some much-needed relief to commuters in Connecticut and across the nation.  As of Monday, Dec. 12, the statewide average for a gallon of gas was $3.36, which is 17 cents lower than the week before. The average is also 17 cents lower than what the statewide average price for a gallon of gas was in December 2021, according to AAA Northeast spokesperson Fran Mayko.  The drop in price is also being seen nationwide, as the US average price of $3.26 on Monday, Dec. 7 was 14 cents lower than the week before, and 7 cents lower than December 2021, Ma…

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by Ben Crnic
News
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
Here's Breakdown By County On How Much Gas Prices Have Increased In CT Since Last Week Here's Breakdown By County On How Much Gas Prices Have Increased In CT Since Last Week
Here's Breakdown By County On How Much Gas Prices Have Increased In CT Since Last Week The ongoing conflict overseas between Ukraine and Russia has forced gas prices in Connecticut to dramatically spike to previously unseen highs. As of Monday, March 7, the average price of gas is up to $4.28 per gallon in Connecticut, according to AAA, ahead of the national average, which has risen to $4.07 as crude oil prices continue to soar during the Russian invasion. In Connecticut, the average price per gallon is up six cents in the past 24 hours, and 56 cents in the past week. The state average has not been this high since May 2012, according to AAA. The national average is also the…

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by Zak Failla
Business
COVID-19: Here's How Much Average CT Driver Saved On Gas Last Year Amid Pandemic COVID-19: Here's How Much Average CT Driver Saved On Gas Last Year Amid Pandemic
Covid-19: Here's How Much Average CT Driver Saved On Gas Last Year Amid Pandemic Drops in demand and crude oil prices, coupled with COVID-related travel restrictions, allowed the average Connecticut driver to save at least $240 last year compared to 2019, says AAA Northeast. In 2019, CT drivers paid an average of $2.72 for a gallon of self-serve, regular gas. In that year, a driver, who traveled 12,000 miles annually in a vehicle delivering 25 mpg, would have spent $1,305, said Fran Mayko, AAA Northeast spokeswoman. In 2020, at an average of $2.22 a gallon, annual gas costs for that same driver would have been $1,065, reflecting the $240 savings, she said. "And for mos…

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by Kathy Reakes