New Jersey Gasoline Prices Take Another Jump

TRENTON, N.J. (AP) — Motorists are seeing sharply higher prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of regular gasoline in the Garden State on Friday was $2.78, up 5 cents from a week ago.

That’s also higher than a year ago, when New Jersey motorists were paying $2.53.

Meanwhile, the national average price rose 6 cents to $2.88. That’s also higher than the national average from a year ago, which was $2.65.

AAA Mid-Atlantic says the rising prices are again due to the weak U.S. dollar and recent surges in the price of crude oil, which has been trading above $85 a barrel in recent weeks.

Higher oil prices mean refiners pay more for crude to make gasoline and other refined products.

(Copyright 2010 by The Associated Press.  All Rights Reserved.)

  • peterj

    All the BS aside, they jack up the prices because they can. No teeth in the watchdog and the politicians are in their pockets. The high price of gasoline and diesel is one of the primary reasons the economy is stalled and is what put the big 3 behind the eight ball in the first place.

    • RobV696

      Dude, you hit it on the button!!!!!

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