NJ Gas Prices Dip Slightly But Remain Above National Average

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STATE–Average retail gasoline prices in New Jersey have fallen 2.7 cents per gallon in the past week, averaging $3.28 per gallon yesterday, according to GasBuddy’s daily survey of 3,525 gas outlets in New Jersey. This compares with the national average that has increased 0.7 cents per gallon in the last week to $3.26 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in New Jersey during the past week, prices yesterday were 1.7 cents per gallon lower than the same day one year ago and are unchanged versus a month ago. The national average has increased 1.9 cents per gallon during the last month and stands 8.9 cents per gallon lower than this day one year ago.

“While gasoline prices have seemingly remained virtually unchanged in many areas across the U.S. in the last week, that has meant that some areas are still seeing prices remain much lower than a year ago,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “The national average now lags prices one year ago by 9-cents per gallon, which is a more optimistic start to the year than I would have expected,” DeHaan said.


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