Fuel Report

Continuing concerns about American and Chinese economic growth and the anticipated decline in demand related to these figures have kept oil prices steady, according to the Huffington Post. Robert Rapier at the Consumer Energy Report says high oil and gas prices are a result of production not keeping up with demand in developing countries. The pipeline operator Energy Transfer Partners LLC has also announced that it will buy Sunoco Inc. for $5.3 billion, according to the Calgary Herald.

Both the national and state averages for a gallon of regular grade gasoline fell a penny over the weekend, according to ConnecticutGasPrices.com. The state average stands at $4.08, the national average at $3.81. The cheapest reported station in the state on Monday morning was a Stop & Shop in Milford with a price of $3.84.

Let Patch save you time. Get great local stories like this delivered right to your inbox or smartphone every day with our free newsletter. Simple, fast sign-up here.

Prices have dipped back below $4 in New London, if you're willing to make cash payments at the on Broad Street; the price there is $3.99. Across the street, sets its price at $4.03. Elsewhere, most stations have set their price at $4.09.

In Groton, the Hess on Route 12 is the cheapest station at $4.02 a gallon. This is followed by $4.03 at the Gulf on Mitchell Street and $4.08 at the Shell on Route 12. Waterford prices have also gone into the barely below $4 range with $3.99 at the BJ's on Cross Road. The next lowest price is $4.09, at the Henny Penny on Boston Post Road and Shell on the Hartford-New London Turnpike.

For more information on gas prices and traffic conditions, check out our Commute section.

Follow us on Facebook and Twitter.