AAA Mid-Atlantic: NJ Gas Prices Down Sharply

TRENTON, N.J. (AP) — Motorists continue to see sharply lower prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of regular gasoline in New Jersey on Friday was $3.38, down 9 cents from last week. But that’s still much higher than it was a year ago, when motorists were paying $2.50.

Meanwhile, the national average price fell 9 cents to $3.45, marking the first time that’s been below $3.50 in six months. But that’s also much higher than the national average from a year ago, which was $2.69.

Analysts say the falling prices at the pump are mostly due lower crude oil prices, which have been dropping to due to domestic and international economic concerns.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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  • Jim Horak

    I am shocked! With all the variety of comments I see here, it seems strange that someone has not come up with a solution to save the consumer money on gas. Is my pocket book the only one that is suffering from the rip off with ridicules gas prices? The poor economy forced me into action; so I found a solution that works for my family; maybe yours too. Got a better plan, let me know.

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