Average retail gasoline prices in Connecticut have not moved in the past week, averaging $2.95/g yesterday, according to GasBuddy’s daily survey of 1,540 gas outlets in Connecticut. This compares with the national average that has fallen 1.3 cents per gallon in the last week to $2.78/g, according to gasoline price website GasBuddy.com.
Prices in Ridgefield according to GasBuddy Monday included $2.95 cash at Valero; $3.15 at the Pamby station on Grove and Danbury Road; $3.19, Mobil; $3.39 cash, Copps Hill Shell. In Danbury, the cheapest gasoline was $2,83 at a Newtown Road Pocono station. Across the state, $2.71 was the lowest price at multiple gas stations in Newington, Berlin and Manchester.
Including the change in gas prices in Connecticut during the past week, prices yesterday were 102.0 cents per gallon lower than the same day one year ago and are 9.5 cents per gallon higher than a month ago. The national average has increased 3.9 cents per gallon during the last month and stands 89.6 cents per gallon lower than this day one year ago.
“The national average continued its slow retreat in the last week, but current events with Greece may have some bearing on the market in the week ahead and could put downward pressure on oil prices,” said Patrick DeHaan, GasBuddy senior petroleum analyst. “Much is waiting in the wings in regards to Greece and with the latest round of debt relief talks failing thus far, it may weigh on stocks and commodities in the week ahead. Regardless of Greece, I believe gas prices nationally will eke out a third straight weekly decline- though a negative outcome in the Greece situation stands to enhance the expected downward momentum. Just eleven states saw increases during the last week, leaving 39 that saw a decline- a nice trend as we head towards July 4,” DeHaan said.
The post Connecticut gas prices hold steady appeared first on The Ridgefield Press.