Gas prices fall again in NJ, nation as demand remains low

Gas prices fall again in NJ, nation as demand remains low thumbnail

Gas prices have again dropped sharply in New Jersey and around the country as demand remains slow and supplies continue to increase

FILE - A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami. Gas prices have again dropped sharply in New Jersey and around the country, Saturday, Dec. 10, as demand remains slow and supplies continue to increase. (AP Photo/M

FILE – A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami. Gas prices have again dropped sharply in New Jersey and around the country, Saturday, Dec. 10, as demand remains slow and supplies continue to increase. (AP Photo/Marta Lavandier, File)

The Associated Press

TRENTON. N.J. — Gas prices have again dropped sharply in New Jersey and around the country as demand remains slow and supplies continue to increase.

AAA Mid-Atlantic reports that the average price for a gallon regular gas in New Jersey was $3 on Friday. 49, down 14 cents from last week. Drivers paid $3. 42 a gallon on average a year ago at this time. The national average price per gallon for regular gasoline was $3. 31, down 13 cents last week. Drivers paid $3. 33 a gallon on average a year ago at this time. Analysts believe gas prices will continue to fall next week, although not as much as in recent weeks due to OPEC’s decision to reduce production.

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