Spring has sprung and so have the gas prices. In just a week the average price of gas in Connecticut has went up from $4.07 to $4.13.
According to the price tracking website Connecticut Gas Prices, the state still has a ways to go to reach record highs. In the summer of 2007, the price peaked at $4.38. In spring 2011, gas prices hit $4.27 a gallon and began a steady decline until December 2011.
According to the Associated Press, the high prices in spring are a cyclical trend because refineries reduce input to repair equipment for summer production. The prices have reportedly increased annually nationwide between February and May since 2000.
Last week, Gov. Dannel P. Malloy signed a law that limits the gas tax. At the time the move was , but the savings are expected rise along with the prices.
