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.
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.