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AAA Mid-Atlantic: NJ Gas Prices Stay Stable

(credit: CBS 2)

(credit: CBS 2)


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

AAA Mid-Atlantic says the average price of regular gasoline in New Jersey on Friday was $3.31, the same cost as last week.

But that’s still much higher than it was a year ago, when motorists were paying $2.76.

Meanwhile, the national average price rose 2 cents to $3.44. That’s also much higher than the national average from a year ago, which was $2.86.

Gas prices usually fall around this time of year, but analysts say a mix of good and bad economic news both in the U.S. and abroad have kept crude oil prices volatile in recent days.

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