Gas Prices Rise Due To Sandy

By: Associated Press
By: Associated Press

NEW YORK -- Drivers in the New York area are spending a lot more time getting gas. Thankfully, they're not spending a lot more money.
Gas prices on average have risen just 3 cents in New York and 7 cents in New Jersey. While Superstorm Sandy disrupted supplies, it also lessened demand in the region.
And across the country, the price of gas is falling. After dropping 7 cents in a week -- and almost 9 percent in a month -- gas should be only slightly higher on Election Day than a year ago. That's due to a dramatic drop in the price of wholesale gasoline and low demand.
Prices should fall further in the coming weeks. Even those in the Northeast standing in long lines for gas should catch a break.

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  • by Mark Location: Lansing on Nov 6, 2012 at 07:29 AM
    Seems funny to me that almost every time the news talks about how the price of gas is dropping due to low demand, the price goes way up that very day. Next time you want to tell us that gas prices are falling, keep it to yourself and maybe it won't go up so fast. ha
  • by Jason Location: Jackson on Nov 5, 2012 at 10:03 PM
    Always use a storm or natural disaster as an excuse to raise prices. Pathetic.
  • by Rob Location: Fowlerville on Nov 5, 2012 at 02:24 PM
    Wrong. Gas prices expected to rise because the election's over and voters don't need to be bribed anymore.
  • by tim Location: d on Nov 5, 2012 at 02:10 PM
    In Michigan, Marathon/speedway has always controlled the gas prices around the state. When Marathon (owns speedway) hears the news saying prices are dropping, they (marathon) panics and raises prices to fatten their pockets.
  • by Don Rennaker Location: Lansing on Nov 5, 2012 at 12:47 PM
    Gas at Speedway at Cedar St. and Northrup is at 3.55 a gallon. At 3:30 this afternoon
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