Business & Tech
Analyst Warns of Higher Gas Prices
Connecticut's gas prices dropped again, but this time at a much lower rate.
The pace of declining gas prices slowed somewhat in Connecticut, with a mere two cent drop recorded in the past week. The average price according to price tracking website GasBuddy.com is now $3.62, down from $3.64 a week ago.
"Oil prices rose significantly last Friday, reversing a downward trend," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan, in a statement.
According to the website, the cheapest place to fill up in Stratford right now is the on the corner of Barnum and Boston where a gallon of regular goes for $3.47.
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"One thing is for sure," DeHaan said, "the yellow brick road won't be leading us to cheaper pumps for much longer, something many Americans will undoubtedly tie to the upcoming holiday."
As usual, Connecticut’s average is far higher than the national prices, which is listed at $3.37.
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