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Gas Prices Falling In New Jersey

Gas Pumps (credit: clipart.com)

Gas Pumps (credit: clipart.com)

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TRENTON, N.J. (CBSNewYork/AP) — Prices at the pump continued to drop this week in New Jersey.

AAA Mid-Atlantic said as of Friday, the price of a gallon of regular gasoline in New Jersey on Friday was $3.48, down 3 cents from last week. The figure is also lower than the price from a year ago, when motorists were paying $3.71.

Meanwhile, the national average price fell by 5 cents to $3.64. That’s also lower than the national average from a year ago, when motorists were paying $3.92.

Analysts said the falling prices are due to crude oil prices staying stable and news that the United States economy performed better than expected in the fourth quarter.

Have you noticed the change? Leave your comments below…

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