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Gas Prices Tick Up In New Jersey, Around Nation After July 4th Holiday

TRENTON, N.J. (AP) — Gas prices ticked up again in New Jersey and around the nation due to a dip in demand and an increase in supply following the holiday weekend. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was up a penny to $2.17.

Drivers were paying $2.81 a gallon at this time last year.

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The national average price for a gallon of regular gasoline was up two pennies to $2.19. The national average was $2.75 at this time a year ago.

Analysts say reports of increasing coronavirus cases in some states may cause demand for gasoline to fluctuate in the coming weeks, and that could impact pump prices.

(Copyright 2020 by The Associated Press. All Rights Reserved.)

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