(October 3, 2012)—Gas prices have dropped across much of the country, but residents of the coasts might be wondering why the prices they’re paying aren’t.
Motorists in California paid an average of $4.232 per gallon Wednesday, 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 and are also about 40 cents higher than a year ago.
Gas prices 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.
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