Another round of price hikes hit gas pumps in Westchester, Hudson Valley
As the temperatures rise around Westchester and Hudson Valley, so do the gas prices and residents are concerned about what this trend means for the summer months.
The cost of gas has already soared 20 cents a gallon in the past month. Westchester Consumer Protection Director Elaine Price says from March to April was the worst jump in prices. The average price of gas is up 53 cents from a year ago and experts say there is no relief in sight.
Price says both global and local problems are to blame for the increases. She says increase in demand in China and India and problems in Nigeria, which is one of the biggest oil suppliers, cause the prices to jump. Also, the lack of refinery capacity due to the aftermath of Hurricane Katrina is part of the reason for hikes.
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