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Gas Prices Heading Back Up

After months of decline gasoline is becoming more expensive.

As if Connecticut didn't get enough bad news recently with word that we have the highest gas prices in the continental U.S., now comes a report that the downward trend of gas prices is coming to an end.

Gas prices nationally have gone back up by nearly a dime in the last two weeks, according to a CNN report. In Connecticut, that trend is apparent as well, with gas prices rising from an average of $3.64 for a gallon of regular a month ago to the current average of $3.81 for a gallon of regular, data from the AAA's fuel gauge report shows.

Despite months of stability at the pump, the price of crude oil -- which drives the retail cost of gasoline -- shot up about $3 a barrel in the past two weeks, closing Friday at more than $90 barrel, the CNN report says.

In Connecticut, the Bridgeport metropolitan area currently has the highest gas prices, with a gallon of regular selling for about $3.92 on average, AAA reports. The New Haven-Meriden area is just behind it, with a gallon of regular selling for $3.79 on average. In the New London and Hartford areas gas is selling for an average of $3.78 for a gallon of regular right now.

Rob July 30, 2012 at 03:06 PM
That photo is definitely NOT from the 'Bury... try $3.99 as "best" price for regular grade...
Southbury Resident July 30, 2012 at 07:25 PM
...And people still want to elect Dems to office... Anybody remember 2006 and prices around $2.
Southbury Resident July 30, 2012 at 07:27 PM
You want to know whats funny, if you calculate amount of debt then current price of gas should be around $6.
Pgmr9 July 31, 2012 at 09:30 AM
politicians whether they be Republican or Dem have absolutely NO affect on the price of CRUDE so dont even go there
Pgmr9 July 31, 2012 at 09:32 AM
P.S. and when Bill Clinton a DEM was in office it was $1.46 so what is your point

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