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Gas prices drop again in New Jersey, but change coming

February 24, 2018

TRENTON, N.J. (AP) — Motorists in New Jersey are once again seeing lower prices at the pump.

AAA Mid-Atlantic says the average price of a gallon of regular gas in the state on Friday was $2.63, down four cents from last week. Motorists were paying $2.32 a gallon for gas in New Jersey at this time last year.

The national average gas price Friday was $2.52, down two cents from a week earlier, but also higher than the national average from a year ago, when motorists were paying $2.29.

But analysts are warning that this downward trend will be coming to an end. AAA expects gas prices to increase 25 to 35 cents between March and May with refinery maintenance reducing output and the switch to more expensive summer blend gasoline.

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