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AAA Mid-Atlantic: NJ gas prices still falling

11-2-13

TRENTON, N.J. (AP) — Motorists continue to see lower prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.16, down 2 cents from last week. That’s also much lower than the price from a year ago, when motorists were paying $3.55.

The national average price was $3.28, down 4 cents from last week. That’s also lower than the national average from a year ago, when motorists were paying $3.51.

Analysts say the falling prices are mostly due to abundant gas supplies, flat demand and the shift to winter-blend fuels.