AAA Mid-Atlantic: New Jersey Gas Prices Still Falling

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

AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.18, down 3 cents from last week. That’s also much lower than the price from a year ago, when motorists were paying $3.60.

The national average price was $3.32, down 4 cents from last week. That’s also much lower than the national average from a year ago, when motorists were paying $3.60.

Analysts say the falling prices are mostly due to abundant gas supplies, flat demand and the shift to winter-blend fuels.

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 This material may not be published, broadcast, rewritten or redistributed.)

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