Local News

Gas prices expected to peak at $3.75

Monday, March 07, 2011
Latest on Gas and Fuel Costs

Latest on Gas and Fuel Costs

The unrest in Libya and other oil-producing countries in the Middle East has gas prices on the rise.

In fact, on Saturday, oil analysts predicted that gasoline prices will peak between $3.50 and $3.75 per gallon.

Eyewitness News found regular unleaded selling for $3.69 at a station in Jackson Heights, Queens on Saturday.

According to AAA, the national average for regular unleaded is $3.49.

Drivers in both New York and Connecticut pay about $3.68 a gallon.

The cheapest gas in our area can be found in New Jersey at $3.32 a gallon.

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