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AAA Mid-Atlantic: NJ Gas Prices Up Sharply

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Gas prices in the Tri-State continue to rise, leaving many drivers frustrated and worried that prices will be even higher by summer. (Credit: CBS 2)

Gas prices in the Tri-State continue to rise, leaving many drivers frustrated and worried that prices will be even higher by summer. (Credit: CBS 2)

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

AAA Mid-Atlantic says the average price of regular gasoline on Saturday was $3.44, up six cents from last week. And that’s also much higher than a year ago, when New Jersey motorists were paying $2.63.

Meanwhile, the national average price rose by seven cents to $3.63. That’s also much higher than the national average from a year ago, which was $2.81.

AAA Mid-Atlantic says the rising pump prices in New Jersey are mainly due to the volatile crude oil market — which continues to fluctuate due to the tumultuous situation in Libya and the Middle East — and other global concerns, including a weak U.S. dollar.

(Copyright 2011 by The Associated Press.  All Rights Reserved.)

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