The summer spike in gas prices has drivers feeling the pain at the pump, but that financial stress could be rippling through the rest of the economy as well.
Gov. Andrew Cuomo announced federal relief money will help gas stations pay for electrical wiring to use generators that would keep gas flowing during power outages.
The average price for a gallon of gas has jumped twenty-seven cents since Christmas and has hit a season high. Families are running fewer errands and spending more time shopping at malls, trying to get necessities from several stores at once.
Fuel delivery and distribution problems caused by Sandy have been easing and more gas is on its way into the area, according to the governor.
New Jersey Gov. Chris Christie said Sunday afternoon that he was working hard to get power back to everyone in the state as soon as possible, and that the state was preparing for a Nor’easter coming later in the week, even though it would “obviously be a huge pain.”
More New Yorkers awoke Saturday to power being restored for the first time since Superstorm Sandy pummeled the region, but patience was wearing thin among those who have been without power for most of the week.
Speaking at a news conference, Gov. Cuomo acknowledged there is a shortage of fuel, but said “there is no reason to panic.”
Try telling that to drivers at the Hess station at 44th Street and 10th Ave.
Filling up the tank has been a nightmare for area drivers since the storm hit. Overnight and into Thursday morning, drivers looking for fuel were met with incredibly long lines at the gas pump.
Like it or not, the government’s upcoming fuel economy standards plans have been formally revealed.
A new study said that poorly fitted air conditioning units cost New York City buildings millions of dollars a year in extra fuel consumption. The study by the Urban Green Council was set to be released Thursday.
Drivers in parts of Long Island will have to wait for a break from rising gas prices because of a communications error.
The legislation was signed back in August, months before unrest overseas pushed the average price of gas on Long Island to nearly $3.60 a gallon.
Most U.S. homeowners should get some relief on their heating bills this winter.