State average gas price falls this week, but Bridgeport-Stamford prices remain higher, according to AAA survey.

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Because of a glut of oil in the marketplace, national and statewide gas prices are 12 cents lower than at the same time last year,  according to AAA Southern New England.

However, prices in the Bridgeport/Stamford area remain higher at $3.95 a gallon, eight cents higher than the state average of $3.87 a gallon of self-serve regular gasoline. At the same time last year the price of a gallon of regular gas self serve was $3.99 cents a gallon.

Overall, Connecticut also has the dubious distinction of having the sixth most expensive gas in the country behind Hawaii, Alaska, California, Oregon, and Washington.

Gas prices are expected to spiral downward slowly in August as long as long as refinery production remains strong and oil costs remain stable or drop. Only unexpected issues – such as a hurricane striking the Gulf Coast; or a cut in refinery production will prompt prices to rise.

 

Here is an overview of average statewide prices in Connecticut:

Greater Bridgeport/Stamford $3.95              New Haven-Meriden Area     $3.85

Greater Hartford                     $3.84               New London-Norwich Area   $3.89

Statewide Average:   $3.87

 

Here is an overview of average regional gas prices:

Connecticut                $3.87               New Jersey                 $3.40

Massachusetts             $3.61               New York                   $3.82

Rhode Island              $3.67

National Average       $3.50

 

 

 

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