TRENTON, N.J. (AP) – Motorists are seeing stable prices at the pumps in New Jersey.
AAA Mid-Atlantic says the average price of regular gasoline on Friday was $3.89, the same as last week. But that’s still much higher than the cost a year ago, when New Jersey motorists were paying $2.79.
Meanwhile, the national average price also remained unchanged, coming in at $3.98 for the second straight week. That’s also higher than the national average from a year ago, which was $2.89.
Analysts remain hopeful that prices at the pump will start to fall, but say that will MOSTLY depend on whether the crude oil market remains volatile.
The fluctuating oil prices are mostly due to the see-sawing U.S. dollar, European debt issues and the unstable political situation in Libya.
(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
MOST VIEWED GALLERIES
- PHOTOS: Wing Bowl 20 Wingettes
- PHOTOS: Victoria’s Secret Fashion Show
- PHOTOS: Flyers Wives Fashion Show
- PHOTOS: Wing Bowl 20 Photos
- PHOTOS: In Memoriam: People We Lost In 2011
5 Things To Do On A Snow Day
Black History Month Guide
Romantic Valentine's Day Trips
Valentine's Day Guide
2 Comments
This is an issue that will not go away until a government body shows some interest. When that happens the suppliers and gougers all get scared. Get Bob Brady in on this Why is gas up to $0.17 less down in Delaware than in Aston.
May 14, 2011 at 7:37 pm
ALL of our leaders should be ashamed of their selves for letting this economy draining issue fester on!
When suppliers control the supply, we the people suffer!
May 14, 2011 at 3:41 pm