Long Island Gas Prices Still Highest in Nation as National Average Crashes

Originally published: December 9, 2012
Updated: December 9, 2012 at 6:54 pm
By

Evan as the national average gas price has tumbled 46 cents a gallon, Long Island remains the highest.

Gas prices on Long Island, New York
Dec. 9, 2012 – Moriches, NY (Moriches Daily) — The average price for a gallon of regular gasoline in the United States fell nearly a dime over the past three weeks, following a drop in crude oil prices and as refineries increased output, according to a widely followed survey released on Sunday.

  • Fixed refining problems, shrinking demand, lower crude oil prices bring gas prices down
  • A further drop is expected in the coming days, the publisher of the Lundberg Survey says
  • Long Island, New York, had the highest average in the latest survey

Gasoline prices averaged $3.3766 per gallon on Dec. 7, down 9.62 cents from Nov. 16, according to Trilby Lundberg, editor of the Lundberg Survey.

This marks the ninth week of straight declines, totaling 46.06 cents per gallon since prices hit $3.84 on Oct. 5.

“Softer crude oil prices were the essential enabler,” Lundberg said. “Refinery glitches were reduced and resolved one after the other, enhancing supply,” she said, adding that seasonally weak demand also contributed.

Long Island still had the highest average in the latest survey, at $3.85. As Hurricane Sandy had an effect on demand.

New York Attorney General Eric Schneiderman is currently investigating more than 500 cases of price gouging following Hurricane Sandy.

Many reports of gas station operators artificially raising the price of gasoline, as well as basic items like groceries and batteries have already been received, and New Yorkers are asked to continue to report these abuses by calling 800-771-7755, or at the Attorney General’s website, www.ag.ny.gov.

The Attorney General’s office is also advising New Yorkers to be cautious of price gouging when it comes to home repairs following Hurricane Sandy.

LongIslandGasPrices.com offers a map of open gas stations in Nassau and Suffolk County, as well as what stations are selling gas at the lowest prices.

Here are average prices in some other cities:
• Boston – $3.59
• Baltimore – $3.34
• Atlanta – $3.27
• Baton Rouge, Louisiana• – $3.11
• St. Louis – $3.05
• Salt Lake City – $3.40
• Los Angeles – $3.68

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One Response to Long Island Gas Prices Still Highest in Nation as National Average Crashes

  1. […] a drop in crude oil prices and as refineries increased output, according to a widely … … More Dec 09 […]

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