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NJ Gas Prices Down Sharply

 Motorists continue to see sharply 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 $3.39, down 7 cents from last week. That’s also much lower than the price from a year ago, when motorists were paying $3.79, and marks the seventh straight week that prices have fallen in New Jersey.

Lowest Gas Prices in New Jersey
New Jersey Gas Prices provided by GasBuddy.com

Meanwhile, the national average price fell by 7 cents to $3.63. That’s much lower than the national average from a year ago, when motorists were paying $3.91.

Analysts say the falling prices are due to lower crude oil prices, refinery maintenance ending earlier than expected and less demand for gas from drivers.

(Copyright 2013 The Associated Press. All Rights Reserved)

 

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