Consumer

Annual Gas Price Dip Missing California, Other Costal States

View Comments
(Miguel Villagran/Getty Images)

(Miguel Villagran/Getty Images)

(CBS/AP) – Drivers on either coast may be questioning the conventional wisdom that gas prices fall after Labor Day.

Motorists in California paid an average of $4.232 per gallon Wednesday. That’s 45 cents higher than the national average and exceeded only by Hawaii among the 50 states.

Prices in New York, Connecticut and New Hampshire are at or near highs for the year. They’re also about 40 cents higher than a year ago.

Pump Patrol: Map The Cheapest Gas Near You

Gas prices have trickled lower in most parts of the U.S. after a late-summer surge. Oil prices have fallen since mid-September and demand for gasoline is down.

But refinery and pipeline problems have shrunk supplies of gasoline on the coasts and driven up prices in states that typically have some of the highest gas prices in the U.S. anyway.

(Copyright 2012 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 56,717 other followers