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.
He added, “One thing is for sure- 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."
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As usual, Connecticut’s average is far higher than the national prices, which is listed at $3.37. According to the Southbury Patch commute section the cheapest gas in town is the Main Street Deli at $3.76.
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