With Holiday Travel Approaching, Gas Prices Are On The Rise

NJTODAY.NET's online business directory

fuel gauge on emptySTATE – Average retail gasoline prices in New Jersey have risen 6.1 cents per gallon in the past week, averaging $3.13 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 1.6 cents per gallon in the last week to $3.21 per gallon, according to gasoline price website GasBuddy.com.

Still, even including the change in gas prices in New Jersey during the past week, prices yesterday were 39.4 cents per gallon lower than the same day one year ago and are 4.2 cents per gallon lower than a month ago. The national average has decreased 16.3 cents per gallon during the last month and stands 22.5 cents per gallon lower than this day one year ago.

“Surprisingly, the decreases we’ve seen in the national average have all but dried up,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “I admit, it’s a bit of a head scratcher to have seen wholesale gasoline prices perk up last week, and it’s a bit premature to say we’ve seen the end of decreases in gas prices for the time being, so I’m hopeful that an uptick in the national average is merely temporary, but then again, this year has featured trends in prices that have all been earlier than expected,” DeHaan said.


Connect with NJTODAY.NET


Join NJTODAY.NET's free Email List to receive occasional updates delivered right to your email address!
Email ads@njtoday.net for advertising information Send stuff to NJTODAY.NET Like Us On Facebook Follow Us On Twitter Download this week's issue of NJTODAY.NET

Leave a Reply