Business & Tech
Connecticut Gas Price Increases Slow, Near $4
After some sharp increases in the past months, the price per gallon rises modestly in a week.
The price of gas in Connecticut rose four cents in a week to $3.98, according to ConnecticutGasPrices.com. The last time a gallon cost $4 was in May.
The slowing price increases appear to be a national trend that could indicate a future drop in cost.
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"The national average has finally begun to cool off after rising nearly every day since the start of July," said Patrick DeHaan, an analyst at GasBuddy.com, in a statement.
He added, "As the West Coast and Great Lakes see refining issues in the rear view mirror, as well as the end of the summer driving season approaching, we may see a new downward pattern develop which could see average prices falling- especially after mid-September, a pattern that could dominate the gas pump until the holiday season.”
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The national average is $3.70 per gallon.
To find the cheapest gas in the area, check the Patch commute section.
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