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AAA Mid-Atlantic: NJ Gas Prices Drop

TRENTON, N.J. (AP) — Motorists are getting some relief at the pumps in New Jersey.

AAA Mid-Atlantic says gas prices have dropped for seven straight days, putting an end to a 12-day streak of rising prices.

The average price of a gallon of regular gasoline in New Jersey on Friday dropped to $3.65. That’s down 2.5 cents from last week.

That’s still 11 cents higher than a month ago, and 16 cents more than the same day last year.

The national average remains 14 cents lower than the peak price this year of $3.79 on February 27.

Analysts say gas prices could rise in coming weeks, as the summer driving season heats up and consumer demand grows higher.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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