Analysts said gas prices in New Jersey should continue to drop as demand goes down.
Today on the CBS Local forum, Romney and Obama were asked: What will you do to make the U.S. more energy independent?
Americans continually hear that the president of the United States can do nothing about gas prices. John Hofmeister says that isn’t true. The doubled gas prices could have been avoided but no one in a political position who can do anything about the prices wants to do anything.
The price jumped 11 cents in the Garden State and Friday’s weekly increase was something even Jersey drivers consider high.
Franchise owners reportedly claim they are being gouged by the company, saying they are forced to pay anywhere from 5 to 20 cents more per gallon than their competitors.
According to AAA, about 33 million people hit the road for the end-of-summer holiday weekend. But there are high gas prices across the country and across the Tri-State Area.
Tri-State Area residents on the move this holiday weekend are paying for it, with record-high Labor Day weekend gas prices. And for those that are deciding to break the law, they’re really paying for it.
The Lundberg Survey of fuel prices puts the average price for a gallon of regular at $3.69, about 8 cents higher than the same time last year.
AAA Mid-Atlantic said that the average price of regular gasoline in New Jersey on Friday was $3.29, down four cents from last week. It’s also much less than the price from a year ago, when motorists were paying $3.58.
Five months before the presidential election, this rating is disastrous for Obama – almost as disastrous as the lack of any results for America these past four years.
New York City Mayor Michael Bloomberg said that now is the perfect time for buildings to convert to cleaner heating fuels and the city wants to help them do it, WCBS 880’s Rich Lamb reported.
Taxi cab fares are set to go up 15 to 20 percent, likely in late August.
AAA Mid-Atlantic said that the average price of regular gasoline in New Jersey on Friday was $3.57, down six cents from last week. It’s also much less than the price from a year ago, when motorists were paying $3.80.
A survey of travelers found that about 30.7 million people plan to drive to their destination, with 53 percent saying pump prices would not impact their travel plans.
Do you think you have it bad stuck in traffic in New York City? Well, it could be worse. You could be in Honolulu.