- Associated Press - Saturday, December 15, 2018

TRENTON, N.J. (AP) - Drivers in New Jersey and around the nation continue to see gas prices drop, but analysts warn that cheaper prices may not last long into the new year.

AAA Mid-Atlantic says the average price of a gallon of regular gas in the state on Friday was $2.46, down three cents from a week ago. Drivers were paying $2.50 a gallon a year ago at this time.

The national average gas price Friday was $2.39 a gallon, down another nickel from last week. Last year at this time, drivers were paying $2.45 a gallon.

Analysts say crude oil prices have started to rebound following OPEC’s decision to cut production beginning in January - and if oil prices rise, so will gas prices.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2019 The Washington Times, LLC.

Please read our comment policy before commenting.


Click to Read More and View Comments

Click to Hide