TRENTON, NJ (AP) – Motorists continue to see lower prices at the pumps in New Jersey.
AAA Mid-Atlantic says the average price of regular gasoline on Friday was $3.63, down 4 cents from last week. But that’s still much higher than the cost a year ago, when New Jersey motorists were paying $2.61. Meanwhile, the national average price dropped by 8 cents to $3.60. That’s also much higher than the national average from a year ago, which was $2.75.
This marks the fifth straight week that gas prices have fallen. And analysts remain hopeful that trend will continue as the summer driving season shifts into high gear with the upcoming July 4th holiday weekend.
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