New Jersey Motorists Dig Deep at the Pump
When it comes to gas prices, it is certainly not a Merry Christmas! In fact, prices at the pump are at their highest level ever for a year-end holiday season according to AAA Mid-Atlantic.
The price of gas in 2011 averaged $3.52 nationally for the entire year. In New Jersey, the average is $3.43.
That's a troubling number since 2.2 million New Jersey motorists plan to travel 50 miles or more from home this holiday weekend. Ninety-one percent of them will travel by car.
"Gas prices are the highest they have ever been during the year-end holiday season. AAA anticipates prices will continue to drop in the coming weeks - but after bottoming out this winter, we expect gas prices will springboard toward the $4.00 per gallon mark next spring," said Tracy Noble, Manager of Public and Government Affairs for AAA Mid-Atlantic.