Gas Prices Increase In New Jersey, Dip Across Nation As A Whole
Drivers were paying an average of $2.54 a gallon a year ago at this time.
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Drivers were paying an average of $2.54 a gallon a year ago at this time.
The national average price for a gallon of regular gasoline was $2.19.
The national average price for a gallon of regular gasoline was $2.18, down two cents from the previous week.
This year gas prices could drop even lower than prices seen so far this year.
The national average price for a gallon of regular gasoline was $2.22, down a penny from the previous week.
Drivers were paying $2.67 a gallon at this time last year.
The national average price for a gallon of regular gasoline was $2.18, unchanged from the previous week.
Analysts say gas prices are likely to fluctuate through the rest of the summer due to COVID-19 concerns.
Drivers were paying $2.82 a gallon at this time last year.
Analysts say reports of increasing coronavirus cases in some states may cause demand for gasoline to fluctuate in the coming weeks.
Analysts say higher demand ahead of the holiday may send prices higher this week.
Analysts say higher demand will send prices up in the coming weeks.
Prices have started to increase as many states have started to reopen and Americans head back out on the road.
Analysts say drivers can expect to see higher pump prices as the summer goes on.
Last year, 43 million Americans traveled for Memorial Day weekend.
Analysts say prices at the pump are fluctuating as demand increases and gasoline stocks decrease.
Analysts say it may indicate the end of the plunge as states reopen following coronavirus-related closures.
Analysts say prices are likely to stabilize as the country begins to "slowly reopen."
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.