Gas prices are continuing to rise in New Jersey and across the US.

What a difference a year, or two, can make.

A year ago, the average price for regular was $2.94.

Two years ago, gasoline hit pandemic lows below $2 per gallon.

Today, the average price for regular in the Garden State is $4.22, according to AAA. That is 12 cents higher than a week ago.

Only five states have seen prices increase faster than New Jersey over the last week.

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Industry analysts say it is rising crude oil prices, not demand, that is driving the increases. Oil is still selling for over $100 per barrel, despite President Joe Biden releasing records amounts from the nation's strategic reserves.

The trend is likely to continue into the Summer driving season.

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Trucking and transpiration sectors are being hit particularly hard by these latest increases. Diesel fuel is again selling for nearly $6 per gallon, nearly double what it cost just a year ago.

Eric Scott is the senior political director and anchor for New Jersey 101.5. You can reach him at eric.scott@townsquaremedia.com

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