NJ Gas Prices Continue To Stay Low
Motorists continue to see lower prices at the pumps in New Jersey.
AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.46, down 2 cents from last week. That’s also much lower than the price from a year ago, when motorists were paying $3.78, and marks the sixth straight week that prices have fallen in New Jersey.
“While it is possible that gas prices may surge briefly again this spring, the national average should remain less than last year’s high of $3.94 per gallon due to increased domestic production and continued low demand,” said Tracy Noble, spokesperson for AAA Mid-Atlantic.
|Lowest Gas Prices in New Jersey|
|New Jersey Gas Prices provided by GasBuddy.com|
Meanwhile, the national average price fell by a penny to $3.63. That’s much lower than the national average from a year ago, when motorists were paying $3.94.
“It is very unusual for gas prices to decline in early spring like we have seen this year,” said Gold. “An increase in refinery production and lower oil prices in early March have combined to provide rare falling prices for motorists in comparison to recent years.
The Associated Press contributed to this story.