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New Jersey Gasoline Prices Stay Stable

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Generic Traffic File Photo (credit: CBS 2)

Generic Traffic File Photo (credit: CBS 2)

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TRENTON, N.J. (AP) – Motorists were seeing stable prices at the pumps in New Jersey.

AAA Mid-Atlantic said the average price of regular gasoline in the Garden State on Friday was $2.50, which is unchanged from a week ago.

But that’s more than a year ago, when New Jersey motorists were paying $2.33.

Meanwhile, the national average price fell 2 cents to $2.69. But that’s higher than the national average from a year ago, which was $2.47.

AAA Mid-Atlantic says gas prices will likely stay stable for at least the next few weeks. It cited lower demand for gas, record crude inventories and the nation’s slow economic recovery.

(Copyright 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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