Connecticut's gas prices lower for the holiday

Connecticut's gas prices lower for the holiday

Each spring, average US gasoline prices rise 35 cents to 75 cents, usually from February to May, according to GasBuddy's historical figures. Nationwide, the average was $2.23. Consumers can find gas for $2.00 or less at one out of every four gas stations in the country.

San Antonio- $1.95/g, down 3.4 cents per gallon from last week's $1.99/g.

There will be an estimated more than 43 million people will be traveling at least 50 miles from home to celebrate this weekend - and that accounts for travel by vehicle, air, railroad, and boat.

Monday's national average of $2.23 is a penny lower than last week and 3 cents lower compared to the July 4 holiday past year. "While holiday gasoline demand is likely to reach new highs, it will probably not be enough to cause a significant increase on the price of gasoline in the coming week".

The declines might be nearing an end, however, as a rebound in crude oil futures that began last week continued on Monday. The Hilo average price is $3.03.

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GasBuddy analysts say gas prices will start to go back up, but not too much; they expect prices to remain relatively low this summer.

Motorists hitting the road this long holiday weekend will see some of the lowest summer fuel prices in recent memory.

The last time the average has been this cheap was in 2005, according to AAA Northeast.

Compared with previous years, the region's pumps are on average two cents cheaper than this time one year ago; 42 cents cheaper than in 2015; and $1.31 cheaper than in 2014.

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