AAA Mid-Atlantic: NJ Gas Prices Rising Sharply

TRENTON, N.J. (AP) — Motorists continue to see sharply higher prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of regular gasoline on Friday was $3.82, up 8 cents from last week. It also marks the fifth straight week prices have surged upward.

The current price is also much higher than the cost a year ago, when New Jersey motorists were paying $2.75.

Meanwhile, the national average price rose by 5 cents to $3.91. That’s also much higher than the national average from a year ago, which was $2.88.

AAA Mid-Atlantic says the surging pump prices are mostly due to rising crude oil prices, a weaker U.S. dollar and continued political unrest in the Middle East and North Africa.

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


One Comment

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