August 22, 2012

CT gas prices near $4 per gallon

The price of a gallon of gasoline in Connecticut is close to topping $4 for the first time since April.

The average price of regular unleaded hit $3.994 per gallon on Wednesday, according to the AAA Daily Fuel Gauge Report.

The price of gasoline in Connecticut bottomed out near $3.60 per gallon at the end of June, but costs have risen significantly since then, mostly as the cost of a barrel of oil has risen. The last time Connecticut gasoline cost more than $4 per gallon was April.

At one point over the summer, Connecticut had the second highest gasoline prices in the country, but the state has since slipped behind Hawaii ($4.255 per gallon) and California ($4.121). Connecticut's prices are higher than the surrounding region because of the state's high gas taxes and its cleaner, costlier mix of gasoline.

On Wednesday, the New London-Norwich metropolitan region had the cheapest gasoline in the state at $3.964 per gallon, followed by Greater Hartford ($3.973), New Haven-Meriden ($3.976) and Greater Bridgeport ($4.073).

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