National gas prices sputter; Connecticut prices hold steady

As Connecticut average gas prices continue to drop, the national average has bumped up $.04 cents since last week.

Today (February 28) the national price of a gallon of gas averages $1.75, $.06 cents lower than last month and 65 cents lower than last year; but compared to last week, prices inched up $.04 cents.

In Connecticut where prices continue to drop, today’s average of $1.86 is $.13 cents lower than last month; and $.59 cents lower than last year. Compared to last week, however, today’s price hasn’t moved.

AAA’s weekly survey of prices in the Nutmeg State’s four regional areas as follows:

  • Greater Bridgeport/Stamford $1.98
  • New Haven/Meriden $1.84
  • Greater Hartford $1.82
  • New London/Norwich $1.82
  • Statewide average: $1.86

National prices are increasing because refinery maintenance is underway. Some facilities are offline and aren’t contributing to production. Despite these actions, abundant gasoline supplies remain and lower crude oil prices prevail. Together they are keeping prices lower when compared to last year.

Today, only four states — Hawaii ($2.56); California ($2.39), Alaska ($2.20), and Washington State ($2.03) — register average gas prices above the $2 mark. Arizona has the nation’s lowest price at $1.52. Tennessee and South Carolina come in second both at $1.53. Connecticut continues to hold 10th place as the highest average prices in the nation.

AAA Northeast is a not-for-profit auto club with 61 offices in Rhode Island, Massachusetts, Connecticut and New Jersey providing more than 5.1 million local AAA members with travel, insurance, finance, and auto-related services.

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  • George Mulligan

    While plunging gas and oil prices have helped the majority of fixed, low, and middle income people in the USA, they have affected oil, gas, and coal exporting states.
    – Of the 50 states, 32 have Petro chemicals and minerals which they export mostly domestically and now internationally.
    – Sept 1987 I gave 12 DC Senate offices and several DC Congress offices simple math prove that high Petro cost could be national security issue and buy up the Stock Markets.
    – I also showed the USSR was depended on foreign exchange from exports
    of WEAPONS, OIL, and NATURAL GAS (which flowed through pipelines from Eastern Europe to Germany and West.
    – Pipelines were in a James Bond movie and another Bond movie (Wayne Newton was in) showed cocaine imported with gasoline and refined in US.
    – About 2 years ago it dawned on someone that HIGH OIL / GAS prices were funding Mid east Wars which were killing American Soldier, fueling ISIS, IRAN, PUTIN’S crew, and threatened ISRAEL. (Huffington Post?)
    – If Electric Cars and Solar Energy continue to be more cost effective and wider use, then combined with various Oil / Gas / Coal, Wind, Hydro, Kinetic, Nuclear technology improvements, than there show be lower demands and cost to Diesel
    Gasoline, Heating Oil and other products whereas peak demand mostly handled
    by domestic, Canadian, and Mexican supplies was maybe 24 million barrel / day.
    – Lower gas/oil prices could benefit everyone if wisdom was widespread.

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