New Jersey Gas Prices Jump Higher
Motorists are still seeing sharply higher 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 $3.60, up 18 cents from last week. That's also much higher than the price from a year ago, when motorists were paying $3.45.
Meanwhile, the national average price also rose by 12 cents to $3.67. That's also much higher than the national average from a year ago, when motorists were paying $3.44.
Analysts say gas prices could continue to rise in coming weeks, as the summer driving season heats up and consumer demand grows higher. Domestic and international crude oil prices have also been surging amid continued unrest in Egypt and north Africa.