Watch CBS News

AAA Mid-Atlantic: New Jersey Gas Prices Remain Stable

TRENTON, N.J. (AP) — Motorists are seeing stable 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 $3.12, the same price as last week. But that's still much lower than the price from a year ago, when motorists were paying $3.61.

The national average price was $3.20, down a penny from last week. That's also lower than the national average from a year ago, when motorists were paying $3.44.

Analysts say the stable prices are mostly due to abundant gas supplies and falling demand for fuel.

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 This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.