Connecticut Average Gasoline
Prices - 03/09/2010
New Haven Average Wholesale / Regular Gasoline  $2.2074
   
Connecticut Gross Receipts Tax [7.53%] $0.1662
Connecticut Excise Tax $0.2500
Federal Excise Tax $0.1840
   
Total Cost Before Leaving New Haven Harbor $2.8076
   
Transportation from New Haven to local stations $0.0400
Credit Card Company Charge per gallon [2% of sale price] $0.0578
   
Cost Before Dealer Mark-up $2.9054
   
Dealer Mark-up to pay for utilities, payroll, property $0.2000
taxes, environmental compliance  
   
What The Retail Price Would Be With All Costs $3.1054
   
Actual AAA Connecticut Average Retail Cost $2.8900
 
**CT & NY use ethanol instead of MTBE as a oxygenate. As a result, blenders of gasoline with ethanol may apply for a 4.5¢ per gallon refund off the 18.4¢ per gallon federal excise tax.

Independent Connecticut Petroleum Association  www.icpa.org  10 Alcap Ridge, Cromwell, Connecticut 06416