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.
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