Business & Tech

Middletown Gas Prices Holding Steady Below $4

The price per gallon here and across Connecticut remains shy of $4 for another week.

Despite a small increase of one cent in the past week, the average price of gas in Connecticut and Middletown remains just below $4 a gallon, according to price tracking website Connecticut Gas Prices. The current average per gallon is $3.99.

A month ago, the average price in Connecticut was $3.80. The prices throughout the state remain far more expensive than the national average, which most recently was $3.74.

Patrick DeHaan, senior petroleum analyst for GasBuddy.com, the parent company of Connecticut Gas Prices, said Tropical Storm Isaac could affect oil prices, but it appears that the storm is weakening.

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"It's entirely within the realm of possibility that we see refinery outages, oil production losses and gasoline supply issues — essentially all the things you don't want to happen," DeHaan said in a statement. "While this storm doesn't currently appear as powerful as other storms that have caused similar concern, we're continuing to watch the situation develop."

The price per gallon last averaged $4 in Connecticut back in April.

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