Personal Finance
Wilton Gas Prices Climb As Russia-Ukraine War Heats Up
In Wilton, the best price for a gallon of regular fuel is $2.95 at the Shell at 210 Danbury Road.
WILTON, CT — Expect gasoline prices to climb slightly higher ahead of the Thanksgiving holiday this week, which is expected to break travel records as nearly 72 million Americans drive to their destinations.
In Wilton, the best price for a gallon of regular fuel is $2.95 at the Shell at 210 Danbury Road, and $3.02 at the CITGO at 386 Danbury Road. The update was posted Tuesday morning by shopping app GasBuddy.
It’s not just the forecast for heavy holiday travel moving pump prices up, according to a report from AAA Northeast. As the war in Ukraine got hotter, gas got higher, with crude oil prices up 6.5 percent last week to between $71 and $75 a barrel on renewed concerns about the potential for global supply impacts.
Find out what's happening in Wiltonfor free with the latest updates from Patch.
Tempering the price increases was news from the Energy Information Administration last week that showed demand fell sharply over the prior week from 9.38 to 8.4 million barrels a day — in line with expectations for this time of year. In the Northeast, regional supplies grew by nearly 600,000 barrels.
Here in Connecticut, a gallon of self-service regular is averaging $3.06, up three cents from last week and down two cents from last month. The national average is $3.05, down two cents from a week ago and down nine cents from a month ago.
Find out what's happening in Wiltonfor free with the latest updates from Patch.
"Regional gasoline pump prices could fluctuate in the coming weeks as geopolitical tensions around the world continue to inject unpredictability into commodities markets," said Lauren Fabrizi, spokesperson for AAA Northeast. "Prices have been relatively steady thanks to stable supplies here in the United States, but increased travel demand and international factors can easily disrupt the balance."
Here's AAA's weekly price survey of Connecticut's six metro regions:
- Bridgeport: $3.13
- Hartford: $3.04
- Lower Fairfield County: $3.10
- New Haven/Meriden: $3.04
- New London/Norwich: $3.03
- Windham: $3.05
On Tuesday, Oklahoma and Mississippi have the lowest prices in the nation at $2.51 and $2.62, respectively. Hawaii and California hold the highest prices in the nation this week at $4.57 and $4.44, respectively. Connecticut holds the 17th place on the list of highest gas prices in the nation. Average gas prices may be obtained daily through gasprices.aaa.com.
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