Following a month where national gasoline prices had their largest monthly increase in 12 years and Connecticut’s were the highest in the continental United States, the cost per gallon of regular unleaded in Greater Hartford dropped.
On Wednesday, the first day of August, the regular unleaded price per gallon hit $3.796, down from $3.797 a week ago, according to the AAA Daily Fuel Gauge Report.
The 0.1 cent drop is largely insignificant except for the fact that prices have risen steadily since the start of July, when the Greater Hartford price per gallon was $3.601.
The 19 cent increase in Greater Hartford – as well as the increases throughout the rest of the state – catapulted Connecticut as having the most expensive gasoline in American outside of Hawaii and Alaska.
July also marked the largest nationwide increase in the price per gallon of regular unleaded since 2000. The primary reasons for the large increase were higher global oil prices and increased demand for gasoline in the busy driving summer season, according to AAA.
