Falling Prices at the Pump in NJ - NBC 10 Philadelphia

Falling Prices at the Pump in NJ

AAA Mid-Atlantic says gas prices in NJ are dropping

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    NEWSLETTERS

    Will Falling Gas Prices Affect Your July 4th Plans?

    Gas prices are coming down. Will you hit the road for the holiday, or stick close to home? (Published Saturday, June 25, 2011)

    AAA Mid-Atlantic says the average price of regular gasoline on Friday was $3.63, down 4 cents from last week. But that's still much higher than the cost a year ago, when New Jersey motorists were paying $2.61.

    In the 5-county Philadelphia region, the current price is $3.72. That’s down slightly from last week, but about a dollar more than last year at this time.

    In Delaware, a gallon of regular gas will cost you $3.62, up about 90 cents from last year.

    Meanwhile, the national average price dropped by 8 cents to $3.60. That's also much higher than the national average from a year ago, which was $2.75.

    This marks the fifth straight week that gas prices have fallen. And analysts remain hopeful that trend will continue as the summer driving season shifts into high gear with the upcoming July 4th
    holiday weekend.