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Connecticut’s average gas prices reached $2.49 on Monday, the highest average since late June 2016. Prices in the Nutmeg State are two cents higher compared to this time last week and 37 cents higher than this time last year, says AAA Northeast. The average price in the Bridgeport/Stamford area was $2.56.
Nationally, average prices hit $2.37, also reaching the most expensive average since June 2016 with the average increasing three cents more than last week and 39 cents more than this time last year.
AAA’s weekly survey of prices in Connecticut's other regional areas are:
- New Haven/Meriden $2.46
- Greater Hartford $2.47
- New London/Norwich $2.47
- Statewide Average: $2.49
Retail prices nationally have increased 40 of the past 42 days as a result of market reactions to the recent OPEC oil cut agreement where OPEC and non-OPEC countries agreed to cut crude oil production by 1.8 million barrels daily in an attempt to rebalance the global market supply. Average prices in the Northeast and Mid-Atlantic are also rising because a portion of the Colonial Pipeline shut down.
Today, South Carolina and Tennessee register the lowest average prices at $2.14. Hawaii continues to lead the pack with highest prices in the nation at $3.03 followed by California at $2.81. Connecticut continues to be the state with the 11th highest prices in the nation.
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