The rising gas prices are putting a damper on demand and big profit pressure on individual station owners.
With gas prices reaching the stratosphere, Gov. Andrew Cuomo is mounting an aggressive campaign against price gouging. But some lawmakers say there may be a way to give drivers a cash break at the pump.
It’s been sticker shock at the gas pumps for more than a month. Almost daily, there have been price hikes, adding 45 cents to the cost of each gallon. But are our elected officials willing to do something about the skyrocketing prices?
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.
Gas prices have skyrocketed in recent weeks, putting an added burden on many already struggling to get by.
Gas prices have risen at the beginning of each year since the economic collapse – and 2013 is no exception, according to recent data.
According to the Lundberg Survey, a gallon of regular-octane gasoline costs an average of $3.75 on Long Island. That’s well above the national average of $3.32.
Motorists have been seeing higher prices at the pump in New Jersey lately.
Oil analyst Tom Kloza said that, on balance, we’ll see better prices next year, but the days of $1.39 a gallon gas are gone.
Motorists in New Jersey have been seeing sharply dropping prices at the pumps in recent the past week.
Most Americans who traveled during this Thanksgiving holiday came face to face with an American reality: while there is much to be thankful for, our infrastructure is not one of those things.
Two New York State lawmakers on Sunday calling for more protection for consumers against price gouging at the gas pump.
While getting around may be easier since Superstorm Sandy, paying a reasonable price for gas is not – at least at some locations CBS 2 found.
The two presidential candidates were asked a question by CBS Local about Obamacare vs. Romneycare and asked them to talk about the similarities or differences between the two plans.
Analysts said gas prices in New Jersey should continue to drop as demand goes down.