The rising gas prices are putting a damper on demand and big profit pressure on individual station owners.
Gas prices have risen at the beginning of each year since the economic collapse – and 2013 is no exception, according to recent data.
A fire broke out Friday night at a sushi restaurant in Midtown East, leaving three people injured from burns.
Lines remained unbearably long at gas stations a full seven days after Superstorm Sandy hit, and motorists have been wondering when they will finally see relief at the pump.
The rising price of gas has many drivers looking for any way to save. CBS 2′s consumer reporter Asa Aarons found several programs that can help save as much as $2 per gallon.
“You want to go to movies, you want to go to dinner, you can’t do any of it because you’re worried about how you have to fill up your tank to get to work and back,” said John Decrescenzo of Brentwood.
The accusations come after inspectors with the Weights and Measures Office checked whether 325 stations were selling fuel with octane levels as advertised.
AAA Mid-Atlantic says the average price of regular gasoline in New York was $3.87 on Friday, down from around $3.90 last week. That’s still over a dollar higher than last year, when motorists were paying $2.82.
AAA Mid-Atlantic says the average price of regular gasoline in New Jersey on Friday was $3.58, down 8 cents from last week. That’s still much higher than the cost a year ago, when motorists were paying $2.61.
Gas prices on Long Island were closing in on a record high of $4.34 a gallon for regular unleaded, but according to the AAA, drivers really haven’t cut much on their fuel consumption.
Saying consumers can’t keep paying what they have been paying at the pump, Rep. Eliot Engel was pushing a bill that would establish an open fuel standard.
Police are even seeing incidents related to the price at the pump. Police said a Nissan Maxima driver asked for $20 worth of gas in Fort Lee, but sped off without paying, dragging the gas station attendant into the middle of Route 4.
In New Jersey, known for its cheap fuel, the average price per gallon for regular gas is now $3.61. In New York, it’s $3.96. Connecticut drivers have it worst, with the average price for regular at almost four dollars a gallon.
The statewide average in New York, according to AAA, was $3.93 a gallon for regular. In Connecticut, prices rose by a penny to $3.94. In New Jersey, prices were a comparatively cheap $3.58.
AAA Mid-Atlantic says the average price of regular gasoline on Friday was $3.56, up 12 cents from last week.