Connecticut Gas Prices Top $3, Highest Since 2019

I'm sure you've noticed that you're not getting the same bang for your buck anymore at the pump.

The same amount of gas that used to fill your tank, now only gets your tank about three quarters full, and yes you've seen the prices skyrocket faster then the last NASA rocket launch.

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So what's up and why are prices climbing so fast? It seems that everyday the price seems to sneak up higher and higher. In an article from WTNH, it states that as of Sunday, the average gallon of unleaded regular gas in Connecticut topped $3 dollars a gallon for the first time since back in 2019. In fact, the price is over $1 more than it was at the same time last year.

Now, there are a number of factors that are contributing to the higher prices. I feel we all knew this was coming when more people were about to hit the roads. As reported at wtnh.com, the dramatic increase is due to the fact that crude oil prices are climbing, and many of the COVID-19 restrictions are being lifted, therefore more and more people are hitting the road. Couple that with the summer driving season that officially kicks off on Memorial Day, and you've got the perfect recipe for a surge in prices.

There was also a recent cyberattack on a main U.S. pipeline. The Colonial Gas Pipeline delivers about 45% of fuel along the east coast, so Connecticut has a high chance of being affected. According to NBC, the organization had to shut down over the weekend to be cautious, but plan to possibly be back up by Friday. If that is the case, there shouldn't be much of an issue, but it can still cause a low supply on gas.

The $3 per gallon price may seem high compared to where the prices have been over the last two years. In fact Connecticut prices are on par with the prices in New York and New Jersey, but no where near the prices in the west where in most states you'll pay well over three dollars a gallon. In fact, California, which has the highest gas prices in the nation just topped the $4.10 a gallon mark.

By the way, the National gas price per gallon is $2.98 as of May 11.