New Jersey Gas Prices Still Falling 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 a gallon of regular gas in the state on Friday was $2.90, down 6 cents from last week. That's also much lower than the price from a year ago, when motorists were paying $3.19.
This marks the sixth straight week that gas prices have fallen in New Jersey.
The national average price on Friday was $3.07, down 7 cents from last week. That's also much lower than the national average from a year ago, when motorists were paying $3.33.
Analysts say the falling gas prices are due to decreased demand and lower crude oil prices.
(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
