CT gas prices teetering at the $2 mark

As Connecticut’s average gas prices continue their steady decline, today those prices on the cusp of breaking the $2 mark.

As of today (Jan. 25), the Nutmeg State’s average price for a gallon of gas is $2.06. Compared to last week, prices are down a nickel; compared to last month, down $.16 cents; and compared to last year, down $.28 cents.

Connecticut — which holds steady at the 11th position as the state with the highest gas prices in the nation — now is only one of 12 states where prices are above the $2 mark. The Nutmeg State is neck and neck with Vermont where prices are a scant .003 (three-thousandths of a percent) lower than Connecticut.

The last time Connecticut saw average prices under $2 was on February 26, 2009, but that lasted only two days before the numbers began to climb higher than $2. 2009 was the year that Bernie Madoff’s Ponzi scheme wreaked havoc in financial markets worldwide.

 

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

  • Greater Bridgeport/Stamford $2.11
  • New Haven/Meriden $1.98
  • Greater Hartford $1.98
  • New London/Norwich $1.99
  • Statewide Average: $2.06

On the National level, today’s average price is $1.83, down $.6 cents compared to last week; down 18 cents since last month; and down $.21 cents since last year.

California and Hawaii continue to have the highest gas prices at $2.67 and $2.63, respectively. Oklahoma and Missouri continue to register the lowest prices in the nation at $1.53 and $1.54, respectively.

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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