Coronavirus Latest: Gas Prices In New Jersey, Nation Still Falling With Decreased Demand
Analysts say that after weeks of decreasing demand, crude and gasoline storage capacities are reaching their limits.
Watch CBS News
Analysts say that after weeks of decreasing demand, crude and gasoline storage capacities are reaching their limits.
Analysts say crude prices hit a low not seen since 2002 this week as demand has dropped to levels not seen in over half a century.
Gas prices in New Jersey and across the nation continue to fall amid the coronavirus epidemic as many people adhere to shelter-in-place orders.
Analysts say that as the price of crude oil drops to levels not seen since the early 2000s, gasoline prices are following suit.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.39, down six cents from a week ago.
Analysts say gas prices tend to drop in January as demand decreases with fewer people driving in colder weather.
The national average gas price Friday was $2.56, down three cents from last week.
AAA officials say an escalation of Middle East tensions could affect drivers at the pumps eventually, both nationally and internationally.
Analysts expect the decline to continue in the coming weeks.
The national average fell one cent to $2.65 last week.
The increases are expected to be short term as oil production comes back online.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.57, four cents lower than last week.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.81.
Analysts expect the trend to continue into early June.
Now analysts warn that the respite might not last heading into the Memorial Day weekend or the unofficial start to summer vacation.
Experts say the recent increases are due to three factors: the switchover to more expensive summer-blend gas, an increase in demand and rising crude oil prices.
The pain at the pump may hurt a little more too as $4 per gallon could soon become reality.
The Oil Price Information Service says filling up this summer will be the most expensive since 2014.
Crude oil prices have remained lower and oil and gas supplies have risen, but AAA Mid-Atlantic expects a change soon.
It getting more and more expensive to fill up your tank.
Motorists continue to see higher prices at the pumps in New Jersey.
Motorists continue to see slightly higher prices at the pumps in New Jersey.
Motorists will not find significant holiday savings when filling their gas tanks.
The national average cost of a gallon of regular gas is around $2.67, the highest it's been since August of 2015.
Gas prices have spiked yet again and are now up about 24 cents a gallon since Hurricane Harvey struck Texas.
A fire broke out at a rowhome in North Philadelphia on Thursday morning, officials said.
Multiple rescue boats are on the scene at the Wiggins Park Marina on Thursday.
A person with a confirmed case of measles visited an urgent care center in Collegeville, Pennsylvania, last month, health officials said.
Crews were called out to a fire on Main Street and Woodland Avenue in Lansdale, Pennsylvania, on Thursday morning.
The bipartisan "Bell-to-Bell" bill bars students from using their phones any time they're in school, not just during instructional periods.
A fire broke out at a rowhome in North Philadelphia on Thursday morning, officials said.
Multiple rescue boats are on the scene at the Wiggins Park Marina on Thursday.
A person with a confirmed case of measles visited an urgent care center in Collegeville, Pennsylvania, last month, health officials said.
Radnor police are investigating a reported rape on the campus of Eastern University in Delaware County.
Crews were called out to a fire on Main Street and Woodland Avenue in Lansdale, Pennsylvania, on Thursday morning.
A fire broke out at a rowhome in North Philadelphia on Thursday morning, officials said.
A person with a confirmed case of measles visited an urgent care center in Collegeville, Pennsylvania, last month, health officials said.
Crews were called out to a fire on Main Street and Woodland Avenue in Lansdale, Pennsylvania, on Thursday morning.
The bipartisan "Bell-to-Bell" bill bars students from using their phones any time they're in school, not just during instructional periods.
Crews are battling a large fire at Lehigh Valley Hospital in Dickson City, Pennsylvania, Wednesday night.
Multiple rescue boats are on the scene at the Wiggins Park Marina on Thursday.
A fire destroyed a home in Monroe Township, New Jersey, Tuesday night.
New Jersey has a few programs that can help residents set up payment plans as they deal with skyrocketing utilities bills.
New Jersey has less than a one-week supply of red blood cells and less than a day's supply of platelets, health officials say.
At the Child Family Center in Millville, New Jersey, lessons learned by preschoolers go far beyond ABCs and 123s.
The man whom Jill Biden divorced for the eventual 46th President of the United States is now in jail on murder charges.
A Delaware man is behind bars after he allegedly attacked two other men over a parking dispute, police say.
A teenager and a 21-year-old man were injured in a shooting in Wilmington Monday afternoon, police said.
Following Sunday's major winter storm, multiple businesses, organizations and event centers are staying closed on Monday.
With the Philadelphia region expecting a major snowstorm this weekend, here's the best choice of ice melt to keep you safe.
A person with a confirmed case of measles visited an urgent care center in Collegeville, Pennsylvania, last month, health officials said.
A toddler and a dog from Los Angeles have a unique bond that came together thanks to a Philly doctor and a story from CBS News Philadelphia.
New Jersey has less than a one-week supply of red blood cells and less than a day's supply of platelets, health officials say.
For Kolin and his family, CHOP was a home away from home while he waited for a heart transplant.
There's new hope for a devastating cancer in dogs that's often deadly because there are no early warning signs.
Former Sheetz president and CEO Steve Sheetz has died at age 77, the Altoona-based company announced on Monday.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
With product return fraud on the rise, an emerging company is using AI to help spot issues.
Here are mall opening and closing hours for the Christmas and Christmas Eve holidays around the Philly region.
Through Amazon Now, customers can get household items, cosmetics, electronics, groceries and more delivered in about 30 minutes or less.
The city says residents shouldn't park on a major stretch of South Broad Street in Philadelphia Tuesday for a snow removal operation.
Traffic is starting to move again on Roosevelt Boulevard after a fatal crash shut down the road in both directions Friday morning.
Snow-covered sidewalks, freezing temperatures and more have made commutes challenging for many public transit riders across Philadelphia.
Philadelphia is closing several roads in Center City Tuesday night to remove snow after a winter storm dumped nearly 10 inches over the weekend.
Transportation service will ramp up gradually Monday across the Philadelphia area following the weekend snowstorm.
Longtime Philadelphia Eagles offensive line coach Jeff Stoutland will not return for the 2026 season.
Gavin McKenna is facing multiple charges, including felony aggravated assault, according to court records.
The Philadelphia 76ers traded Jared McCain to the Oklahoma City Thunder for a first-round pick and three second-rounders.
Frank Reich and Aaron Glenn are teammates again with the New York Jets, looking to turn around the fortunes of a frustrated franchise.
American athletes are preparing for the 2026 Milano Cortina Winter Olympics. These are some of the top Team USA competitors to watch.
Mural Arts Philadelphia is looking for an artist or team of artists to design a mural honoring Boyz II Men's contributions to music and culture as the city celebrates America's 250th anniversary.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The 2026 Grammy Awards recognized the best of the best in music from last year, with big wins for Kendrick Lamar and Bad Bunny. Here's the full list of winners and nominees.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
Chopper 3 was over the scene as a person was pulled from the frigid Delaware River on Thursday. There's no word on the person's condition. Dan Snyder reports and Meteorologist Grant Gilmore gives some insight into the river conditions.
Founded in 1960 in Ann Arbor, Michigan and now with hundreds of locations across the country, America's Tire is where the tire experts are. Ashley Harder takes you to America's Tire locations in Pennsylvania and New Jersey.
No one was injured but there were people evacuated and displaced after a fire at the Oakwood Gardens apartments in Lansdale, Pennsylvania early Thursday morning.
Snow removal efforts continue in Philadelphia, and early Thursday morning we saw crews getting to work near the major Broad Street and Erie Avenue intersection in North Philly.
If near-freezing temperatures felt like a reprieve from last week's Arctic blast, get ready. NEXT Weather Meteorologist Kate Bilo is tracking an Arctic front that could bring snow squalls and showers to the Philadelphia region, plus dangerous cold temperatures that will make it feel like -12 on Saturday morning.