Gas prices surge, not expected to reach last spring’s high
TRENTON, N.J. (AP) — Gas prices are beginning the spring with a surge that has motorists digging deeper at the pump, but they aren’t expected to reach the highs of last spring.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey was $2.69 Friday, up six cents from a week ago and three cents higher than the $2.66 a gallon at this time a year ago.
The national average gas price Friday was also $2.69 a gallon, up eight cents from last week and four cents above the national average of $2.65 a year ago.
Analysts expect gas prices to increase further over the next few weeks, but prices aren’t expected to reach last spring’s high of $2.92.