- Associated Press - Saturday, June 20, 2015

TRENTON, N.J. (AP) - Motorists continue to see higher prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of a gallon of regular gas in the state on Friday was $2.62, up 2 cents from last week. But that’s still much lower than the price from a year ago, when motorists were paying $3.59.

This marks the fifth straight week that pump prices have risen in New Jersey.

The national average price on Friday was $2.80, up a penny from last week. But that’s also much lower than the national average from a year ago, when motorists were paying $3.68.

Analysts say pump prices will likely drop in the coming weeks, noting there are abundant crude oil supplies and refineries are completing their seasonal maintenance work.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide