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Connecticut's average gas price just hit an all-time high

Economy Gas Prices
Damian Dovarganes
A motorist pumps gasoline at a Mobil gas station in West Hollywood, Calif., Feb. 25, 2022.

Connecticut gas prices hit an all-time high Wednesday with AAA reporting the average price in the state for a gallon of gasoline was $4.41.

That’s 2 cents higher than the record set in July 2008.

According to AAA, the average price has increased 66 cents in the last week and is $1.60 higher than one year ago.

AAA said the national average also hit a record high Wednesday of $4.25.

“The national average is up 8 cents overnight, up 60 cents in a week, up 79 cents in a month and $1.46 higher than this time last year,” Tracy Noble with AAA said in an email.

AAA has tracked gas prices nationally and by state since 2000.

“As the conflict between Russia and Ukraine continues, the price of crude oil continues to soar, leading to higher pump prices in the U.S., and AAA expects the upward current trend to continue in step,” Noble said. “A ban of crude imports from Russia to the U.S. and other countries will likely cause prices to continue to rise to reflect tightening global oil supplies.”

As Connecticut Public Radio has reported, gas prices are the result of a combination of international market forces and, to a lesser extent, federal and state taxes.

Katie Dykes, commissioner of the Department of Energy and Environmental Protection, said her office continues to monitor fluctuations in gas prices on a real-time basis.

“We’ve been coordinating with the commissioner of Consumer Protection and with Attorney General [William] Tong on their responsibilities to look out for price gouging and make sure that consumers are not being taken advantage of in this period of volatile prices,” Dykes said.

In a statement, Tong’s office said anyone who suspects price gouging should file an online complaint with the Office of the Attorney General or call 860-808-5318.

Patrick Skahill is a reporter at Connecticut Public. He covers science and the environment. Prior to becoming a reporter, he was the founding producer of Connecticut Public Radio's The Colin McEnroe Show, which began in 2009. Patrick's reporting has appeared on NPR's Morning Edition, Here & Now, and All Things Considered. He has also reported for the Marketplace Morning Report. He can be reached by phone at 860-275-7297 or by email: pskahill@ctpublic.org.