Gas Prices On The Rise Again

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STATE – Average retail gasoline prices in New Jersey have risen 5.0 cents per gallon in the past week, averaging $3.33 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 4.5 cents per gallon in the last week to $3.31 per gallon, according to gasoline price website

Including the change in gas prices in New Jersey during the past week, prices yesterday were 1.4 cents per gallon lower than the same day one year ago and are 2.5 cents per gallon higher than a month ago. The national average has increased 4.5 cents per gallon during the last month and stands 6.7 cents per gallon lower than this day one year ago.

“The national average has picked up in the last week on the apparent start of refinery maintenance season,” said Senior Petroleum Analyst Patrick DeHaan.

“Refinery production has taken a hit in the last week as companies begin looking towards the summer driving season, utilizing this time of year for maintenance and any upgrades before gasoline demand races higher for the summer season,” DeHaan said.

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