Watch CBS News

Gas Prices Drop In New Jersey, Around Nation Amid Lower Demand

TRENTON, N.J. (AP) — Gas prices have been dropping in New Jersey and around the country, and analysts say they expect the decline to continue. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.21, down two cents from last week.

Drivers were paying an average of $2.56 a gallon a year ago at this time.

The national average price for a gallon of regular gasoline was $2.14, also down two cents from the previous week. Drivers were paying an average of $2.61 a gallon a year ago at this time.

Analysts say U.S. drivers should expect pump prices to keep dropping this fall amid abundant supply due to lower demand.

MORE FROM CBS PHILLY:

Family Attorney: Walter Wallace Jr. Executed By Philadelphia Police While Suffering Mental Health Crisis

Prosecutors: 2 Men Facing Mass Destruction, Conspiracy Charges After Illegal Explosives Found In Van On Parkway

Philadelphia City Council Passes Bill To Ban Use Of 'Less Lethal' Munition By Police Officers 

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.