Warm weather, fears of winter lead to spike in southwestern CT gas prices

Gas prices have been on the rise in southwestern Connecticut since last week?s election, however, energy experts say the price spike has nothing to do with politics. Michael Fox, of the Gasoline and Automotive

News 12 Staff

Nov 16, 2006, 11:04 PM

Updated 6,403 days ago

Share:

Warm weather, fears of winter lead to spike in southwestern CT gas prices
Gas prices have been on the rise in southwestern Connecticut since last week?s election, however, energy experts say the price spike has nothing to do with politics. Michael Fox, of the Gasoline and Automotive Service Dealers of America, says warm weather combined with the fear of winter are reasons for the price hike. Fox says since it's so warm, there are more people than normal on the roads for this time of year. He also says market forecasters are worried that winter could strike at any time and the need for oil will increase even more.Despite the timing of the price jump, Fox says it has nothing to do with the recent elections. He also says there is an increase in demand for gas and a reduction in inventory.


More from News 12
0:26
Suspect in deadly shooting at illegal Bridgeport gambling club turns himself in

Suspect in deadly shooting at illegal Bridgeport gambling club turns himself in

2:06
Sunny and pleasant today, showers and non-severe thunderstorms later this evening

Sunny and pleasant today, showers and non-severe thunderstorms later this evening

1:37
Westport woman reflects on Hollywood childhood

Westport woman reflects on Hollywood childhood

0:15
1 injured in Greenwich house fire

1 injured in Greenwich house fire

0:19
Greenwich attorney sentenced to two years in prison for child pornography charges

Greenwich attorney sentenced to two years in prison for child pornography charges

1:32
Father’s Day Gift Ideas: Exclusive Deals – Up to 50% OFF!

Father’s Day Gift Ideas: Exclusive Deals – Up to 50% OFF!

3:15
‘Will not be tolerated.’ Bridgeport mayor, police chief address 5 shootings over Memorial Day weekend

‘Will not be tolerated.’ Bridgeport mayor, police chief address 5 shootings over Memorial Day weekend

2:00
Law enforcement urges public to stay vigilant as car thefts in Connecticut rise

Law enforcement urges public to stay vigilant as car thefts in Connecticut rise

2:06
‘I could barely walk.’ New law extends sick days to nearly all CT workers

‘I could barely walk.’ New law extends sick days to nearly all CT workers

0:51
School bus camera legislation aims to protect Bridgeport students

School bus camera legislation aims to protect Bridgeport students

1:34
‘Seems like yesterday.’ Bridgeport couple celebrates 70 years of marriage

‘Seems like yesterday.’ Bridgeport couple celebrates 70 years of marriage

1:59
Bridgeport City Councilwoman Eneida Martínez takes on State Rep. Andre Baker in 124th District

Bridgeport City Councilwoman Eneida Martínez takes on State Rep. Andre Baker in 124th District

2:28
Asian Pacific American Heritage Month: Tammy Nguyen showcases her Easton studio

Asian Pacific American Heritage Month: Tammy Nguyen showcases her Easton studio

0:17
Norwalk police investigating early morning 2-car crash

Norwalk police investigating early morning 2-car crash

0:33
Speeding tickets, DUIs, and accidents keep state police busy on Memorial Day weekend

Speeding tickets, DUIs, and accidents keep state police busy on Memorial Day weekend

1:29
Sen. Chris Murphy begins annual ‘Walk Across Connecticut’

Sen. Chris Murphy begins annual ‘Walk Across Connecticut’

2:35
Made in Connecticut: Step back in time at The Clockery in Norwalk

Made in Connecticut: Step back in time at The Clockery in Norwalk

Is your dad awesome? Connecticut tell us why your dad rocks!

Is your dad awesome? Connecticut tell us why your dad rocks!

0:14
Bridgeport PD: 17-year-old hit by a car at Fairfield Avenue, Clinton Avenue intersection

Bridgeport PD: 17-year-old hit by a car at Fairfield Avenue, Clinton Avenue intersection

0:24
Wilton police: Incident in which girl appeared to be forced into vehicle was not an abduction

Wilton police: Incident in which girl appeared to be forced into vehicle was not an abduction