NJ’s Summer Driving Season Ends, But Gas Prices Stay High [AUDIO]
Now that the summer season is over and people are driving less, you might imagine gas prices would start to come down, but that’s not the case.
“Today marks the 1,000th consecutive day that gas prices are above $3 a gallon, and really what we’re looking for in the future is we anticipate for the near-term we’re going to be looking at gas prices that are over $3.50 a gallon,” says AAA New Jersey spokesperson Cathleen Lewis.”
She says it used to be that gas prices were primarily driven by the American market, but that has changed.
“As more cars come into more countries and more countries start to use gasoline, it’s not just American driven,” she said. “Obviously, there’s more demand, and you couple that with continued uncertainty, whether it’s the uncertainty in the Middle East, or uncertainty with supply, or uncertainty with the weather, and prices continue to climb.”
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So what does the long-term future hold?
“We’re going to see a lot more of fluctuation in gas prices that doesn’t seem to match what we think of when it comes to how those gas prices fluctuate.”
She believes as gas prices stay high, here in Jersey “our prices are continually a little bit lower- our prices will remain lower, mostly because we have one of the lowest gas taxes in the country.”