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Holiday gift to drivers — gasoline prices continue to drop

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Although average retail gasoline prices in Connecticut continue to drop, having fallen 7.1 cents per gallon in the past week, they are still far above the national average.

Here, gasoline prices averaged $2.69 per gallon yesterday, according to GasBuddy’s daily survey of 1,540 gas outlets in Connecticut. This compares with the national average that has fallen 9.6 cents per gallon in the last week to $2.28 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Connecticut during the past week, prices yesterday were 99.6 cents per gallon lower than the same day one year ago and are 42.3 cents per gallon lower than a month ago. The national average has decreased 50.6 cents per gallon during the last month and stands 100.5 cents per gallon lower than this day one year ago.

County by county, average gasoline prices per gallon in Connecticut are:

Fairfield : $2.738

Litchfield: $2.628

New Haven: $2.686

Middlesex: $2.620

Hatford: $2.615

Tolland: $2.717

Windham: $2.674

New London: $2.713

Motorists looking for gas in Wilton will find the cheapest prices at Wheels on Route 7, $2.74 per gallon for regular, and Gulf at Danbury Road and Ridgefield Road, where it is $2.75, cash.

“The dramatic decline at the pump continues to reap significant savings for the motoring public — over $525 million less spent every day versus this past summer, or $375 million less than the same time last year,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. “The slump in crude oil has wavered slightly and we’re in the fourth quarter of the game. However, there is still a chance that crude prices resume their slump again, and carry the pump plunge into overtime,” Mr. DeHaan said.

Gas prices have fallen $1.85 per gallon in Michigan since June 28, the largest drop in the nation. Following close behind: Kentucky, down $1.66 per gallon, Indiana, down $1.62 per gallon, Ohio, down $1.61 per gallon, and Illinois, down $1.60 per gallon over the same time frame.

More statistics may be found at gasbuddy.com.

Founded in 2000, GasBuddy.com developed as an initiative to provide consumers access to local, current gas prices. Through the GasBuddy.com website and the free GasBuddy mobile app, users can find and share gas prices with fellow drivers.


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