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.