Fuel prices on the rise - WFSB 3 Connecticut

Fuel prices on the rise

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WATERFORD, CT (WFSB) -

With the rising temperatures of spring will come the rising prices of fuel, according to AAA.

The auto club said manufacturers conduct seasonal maintenance on refineries, which converts winter fuel mixes into summer fuel.

"I wish it were a little bit cheaper," said Dina Dimas of Waterford, "but it is what it is."

Right now, the average price for a gallon of regular in Connecticut is $3.63. AAA projected that drivers will pay a peak of between $3.85 and $4.05 per gallon this spring. The peak was $3.99 on Feb. 22, 2013.

The next spike would come in late summer. AAA forecasted that high to be anywhere from $3.90 to $4.05.

As far as diesel goes, prices have spiked some 30 cents over the past two weeks to $4.45. The auto club said the reason was the demand for home heating oil.

Despite the increases, some plow drivers said they've been eating the difference.

"I can't start charging my customers anymore because of the way the economy is," said Randy Bumgarner of Oaks Stonewall Construction.

Michael J. Fox of the Connecticut Gasoline Retailers Association said there's no logical reason for the higher prices.

"Supply and demand should dictate the prices," Fox said. "Supply is up and demand is down, but prices are still high because we are exporting more refined fuels."

However, AAA said by the second half of the summer when demand is high and supply is low, prices will rise again.

"I burn about $60 a week or so and I'm retired," said Bill Tkacz of Hebron. "I'm on a fixed income, so it's tough."

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