AAA Mid-Atlantic says the average price of a gallon of regular gasoline in the state on Friday was $3.36, down 7 cents from last week. That’s also lower than the price from a year ago, when motorists were paying $3.53.
Motorists continue to see lower prices at the pumps in New Jersey.
Analysts say gas prices are at the highest they’ve been for the July 4th weekend in six years.
With 41 million Americans expected to travel this year, highways and airports will be packed with travelers looking to take advantage of the 3-day weekend.
With the 4th of July holiday weekend approaching, gas prices continue to creep up.
Federal lawmakers are considering raising the gas tax in order to fund road construction projects across the country. This could be the first increase since 1993.
AAA Mid-Atlantic is reporting that the national average price of a gallon of gasoline has risen three cents since last week, even though gas prices traditionally drop at the this time of year.
Gas prices weren’t supposed to take too much of a ride this summer, pretty much on par with last summer’s range. But the increase in violence in Iraq by Islamic militants could push prices higher.
For the third year in a row, the national average will be within a penny or two of $3.64 per gallon.
Motorists are seeing slightly lower prices at the pumps in New Jersey.
Industry analyst Trilby Lundberg says the average U.S. price of gasoline has jumped 9 cents a gallon in the past two weeks, bringing the total increase to 40 cents over 10 weeks.
Gas prices in New Jersey and across the country continue to creep higher, but they’re still at their lowest level since 2010.
Experts say the upward trend in prices is normal for this time of year.
Pennsylvania drivers who fuel their vehicles with diesel are facing painful pump prices.
AAA Mid-Atlantic says the average price of a gallon of regular gasoline in the state on Friday was $3.25, down 3 cents from last week.