NJ Gas Prices Drop Slightly

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STATE — Average retail gasoline prices in New Jersey have fallen 0.6 cents per gallon in the past week, averaging $3.36 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 fallen 2.1 cents per gallon in the last week to $3.61 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 3.9 cents per gallon higher than the same day one year ago and are 0.4 cents per gallon higher than a month ago. The national average has decreased 5.0 cents per gallon during the last month and stands 8.0 cents per gallon higher than this day one year ago.

“The national average has continued its downward decline in the last week, likely being helped by relief in the Great Lakes, a region that had been plagued with refining issues that have seemingly been resolved,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.

“While the national average stands higher than it did a year ago, we likely will see the average decline….” DeHaan said.


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