Coronavirus Latest: Gas Prices Down Again But Analysts Say Stabilizing Likely
Analysts say prices are likely to stabilize as the country begins to "slowly reopen."
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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.
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.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
Sunday is off to a nice start in the Philadelphia region, but the NEXT Weather team is tracking heat and storms this week.
Two people died and nine others were hurt in a shooting on Locust Street in Trenton early Sunday morning.
The Philadelphia Union beat the New York Red Bulls 3-1 on Saturday night to extend their unbeaten streak to seven.
A second robbery with an AR-style rifle happened in Center City early Friday morning, Philadelphia police said.
A second robbery with an AR-style rifle happened in Center City early Friday morning, Philadelphia police said.
Philadelphia police are investigating an officer who failed to help a person in the street who was killed in a hit-and-run in Olney.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
Sunday is off to a nice start in the Philadelphia region, but the NEXT Weather team is tracking heat and storms this week.
Two people died and nine others were hurt in a shooting on Locust Street in Trenton early Sunday morning.
A second robbery with an AR-style rifle happened in Center City early Friday morning, Philadelphia police said.
Two men were hospitalized after being shot on West Westmoreland Street in Philadelphia, police say.
Nelson Contreras-Gelves' wife and employer are fighting to get him released from Immigration and Customs Enforcement custody.
Victory Brewing Company's taproom in Philadelphia reopened Friday night after health officials said they found mice and roaches during an inspection earlier this week.
After losing her mother, Sarah Kagan wants to change how employers deal with grief.
Two people died and nine others were hurt in a shooting on Locust Street in Trenton early Sunday morning.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent.
Seven New Jersey college students had to find a new place to live after heavy rain flooded their home near Rowan University this week.
Three AMC Theatres in the Philadelphia region are holding special screenings to celebrate the life and legacy of Dolly Parton.
After a rainy Thursday, the Philadelphia area will see a partly sunny and warm Friday with a few scattered showers and storms.
After a rainy Thursday, the Philadelphia area will see a partly sunny and warm Friday with a few scattered showers and storms.
Thursday is a NEXT Weather Alert day with a round of showers and thunderstorms becoming more widespread from midday through the afternoon and evening.
Wednesday will be another beautiful late August day with dew points in the mid-50s and low 60s, so humidity will be nice and low.
Interactive exhibits and some artifacts dating back more than 100 years help detail the transformation of the Mother African Union Church.
Tuesday will be another beautiful day in the Philadelphia region with sunshine, low humidity and highs near 82 degrees.
After losing her mother, Sarah Kagan wants to change how employers deal with grief.
Pennsylvania health officials say two people who had measles died in the state, but Health Secretary Robert F. Kennedy Jr. is questioning that.
A Philadelphia police officer taking daraxonrasib for pancreatic cancer says the drug is giving her hope.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
The trial at Temple's Fox Chase Cancer Center is testing the experimental treatment in patients with myelofibrosis who aren't responding to traditional therapies.
New Jersey floral designer Alisha Simone Bell said she puts her "whole heart" into every arrangement and every detail.
On Tuesday, Pennsylvania took a major step in the fight against the negative impacts of social media, particularly on children.
Thieves are smashing windows and targeting trading card stores looking for valuable Pokémon cards, police in South Jersey say.
Customers lined up to support Somerdale Cold Cuts as it reopened after a copper theft.
While some assume landlords are required to provide air conditioning, the law is not nearly as clear-cut as it is for heat in the winter
For the first time in a decade, the Philadelphia Cycling Classic returns this weekend.
Beginning Sunday, several bus routes in Philadelphia are changing, including the addition of two new routes.
A deadly crash in Warminster is under investigation Sunday, police said.
PennDOT is advising drivers about an overnight closure on the Schuylkill Expressway westbound in West Philadelphia between 30th Street and the interchange with I-676 East.
Pennsylvania State Police are investigating two crashes, one of which was fatal, that happened hours apart on I-95 and I-76 in Philadelphia.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
The Philadelphia Union beat the New York Red Bulls 3-1 on Saturday night to extend their unbeaten streak to seven.
Pinch hitter Edmundo Sosa hit his first career grand slam with two outs in the ninth inning, and the Phillies roared back for a 5-3 victory over the Los Angeles Angels.
Tanner McKee struggled in the competition with Andy Dalton to back up Jalen Hurts as the Eagles lost to the Bengals, 30-13, in the preseason finale.
A list of Pennsylvania high school football scores for August 28, 2026.
Three AMC Theatres in the Philadelphia region are holding special screenings to celebrate the life and legacy of Dolly Parton.
Stella Parton said her sister Dolly told her "that if there was no hope for her, she would still allow her medical team to try experimental drugs in the hope of helping others in the future."
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Hosts Nicole Michalik and Patty Jackson react after country music icon Dolly Parton dies at age 80.
Kids in eligible zip codes in Philadelphia receive free books every month through Dolly Parton's Imagination Library.
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.
Andrew Kozak is tracking some storms for the Philadelphia region on Sunday and next week. Here's the latest NEXT Weather forecast.
Police said the second robbery happened Friday morning on Sansom Street in Center City. Nobody was injured during the incident.
Mayor Cherelle Parker was also in attendance at Community Appreciation Day in Point Breeze.
At the Red Bull Championship Run, 120 contestants tried to retrieve a flag at the end of a 30-foot greased pole over the Delaware River.
Del Buono’s Bakery is located at the former McMillan's Bakery, which closed in 2025 after decades in business.