Danbury Gas Prices Stay Chill As Temps Soar

DANBURY, CT — The temperatures may be spiking, but the price of gasoline at pumps in Danbury and across the country continues to cool off.

The reason, according to an analysis by AAA Northeast, is "lackluster demand and burgeoning supplies."

In Danbury, the best price for a gallon of regular fuel is $3.17 for members of BJ's Wholesale Club at 106 Federal Road. You'll pay $3.25 at the CITGO at 64 Newtown Road and $3.29 at the Global at 110 Newtown Road. At the Wheels/CITGO at 351 Main Street, motorists will pay $3.32, and the price is a penny higher at the Sunoco at 38 North Street. The update was posted Tuesday morning by shopping app GasBuddy.

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."

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).