Personal Finance
Wilton Gas Prices Stay Chill As Temps Soar
Northeast gasoline inventories went up by 1.7 million barrels last week, and that is resulting in continued relief at the pumps in Wilton.
WILTON, CT — The temperatures may be spiking, but the price of gasoline at pumps in Wilton and across the country continues to cool off.
The reason, according to an analysis by AAA Northeast, is "lackluster demand and burgeoning supplies."
In Wilton, the best price for a gallon of regular fuel is $3.55 at the CITGO at 386 Danbury Road. Motorists will pay $3.65 at the Mobil at 46 Danbury Road, and $3.69 at the Gulf at 287 Danbury Road. The price jumps to $4.29 a gallon if you are filling your tank at the Mobil in Wilton at 932 Danbury Road. The update was posted Tuesday morning by shopping app GasBuddy.
Find out what's happening in Wiltonfor free with the latest updates from Patch.
According to the latest data from the Energy Information Administration, Northeast gasoline inventories went up by 1.7 million barrels last week. Nationally, inventories jumped 2.6 million barrels. Meanwhile, while U.S. gasoline demand was up 1 percent, it still trailed the comparable weeks of last year and 2022 by 50,000 to 150,000 barrels a day.
"It's not typical for prices to be decreasing at the beginning of what's expected to be a robust summer driving season, but supply continues to outpace demand and oil prices have remained mostly steady for weeks," said Alec Slatky, managing director of Public and Government Affairs for AAA Northeast. "To find out if the surge in demand we’ve come to expect every summer is a thing of the past, we might have to wait until autumn."
Find out what's happening in Wiltonfor free with the latest updates from Patch.
Here is AAA's weekly price survey of Connecticut’s six metro regions:
- Bridgeport: $3.62
- Hartford: $3.51
- Lower Fairfield County: $3.59
- New Haven/Meriden: $3.55
- New London/Norwich: $3.52
- Windham: $3.52
Connecticut holds the 15th place on the list of highest gas prices in the nation. California and Hawaii hold the highest prices in the nation this week, at $4.83 and $4.71, respectively. At the cheaper end of the gas spectrum are Mississippi ($2.91) and Arkansas ($2.93).
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