Watch CBS News

New Jersey Gas Prices Down Sharply

TRENTON, N.J. (AP) — Motorists are seeing sharply lower prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of a gallon of regular gasoline in the state on Friday was $3.21, down 6 cents from last week. That's also lower than the price from a year ago, when motorists were paying $3.43.

The national average price on Friday was $3.34, down 7 cents from last week. That's also lower than the national average from a year ago, when motorists were paying $3.49.

Analysts say gas prices will likely continue to fall in the coming weeks, now that the summer travel season has come to an end and retailers are now selling cheaper winter blends of gasoline. 

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

You may also be interested in:
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.