New Jersey

Gas Prices Dip in NJ, Edge Up Around Nation at Large

NBC Universal, Inc.

Relief at the pump is here for those in South Jersey as gas prices have dropped as low as $3.04 in some areas. NBC10’s Brian Sheehan has what the gas prices are looking like in Philadelphia, Delaware and New Jersey right now.

Gas prices dipped in New Jersey but edged up around the nation as a whole amid increased demand and stable crude oil prices.

NBC10's Brian Sheehan visited South Jersey where the gas prices reached as low as $2.90 recently.

At the Phillips on 66 on White Horse Pike the gas was $3.04 Saturday night and just across the street at the Wawa the gas was $3.19.

AAA says a gallon of gas is going to cost drivers on average $3.14 in South Jersey. That's down about 21 cents from last month.

AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.20, down two cents from last week. Drivers were paying $3.75 a gallon on average a year ago at this time.

In other areas like Delaware the average price is $3.18 while in Philadelphia prices remain around $3.40.

The national average price for a gallon of regular gasoline was $3.39, up a penny from last week. Drivers were paying $3.72 a gallon on average a year ago at this time.

Analysts say prices are likely to go up with increased demand and the switchover to more expensive summer blend gasoline (which has a lower volatility to limit evaporative emissions that normally increase with warm weather.) That change, they say, usually adds about five to ten cents to the price of gasoline.

Copyright AP - Associated Press
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