STATE — Average retail gasoline prices in New Jersey have risen 7.5 cents per gallon in the past week, averaging $3.37 per gallon yesterday. This compares with the national average that has not moved in the last week to $3.42 per gallon, according to gasoline price website NewJerseyGasPrices.com.
Including the change in gas prices in New Jersey during the past week, prices yesterday were 24.5 cents per gallon lower than the same day one year ago and are 3.6 cents per gallon higher than a month ago. The national average has decreased 11.0 cents per gallon during the last month and stands 24.7 cents per gallon lower than this day one year ago.
“Those who stuck around the low gas price party expecting it to last have realized they’re out in the cold,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Oil prices are well off their recent lows, and we’ll likely continue to see the national average rise in response.”