Gas prices rise amid oil price rally, new gas tax increase
TRENTON, N.J. (AP) — Gas prices are on the rise in New Jersey amid an oil price rally and the state’s new 4.3-cent gas tax increase taking effect.
AAA Mid-Atlantic says the average price of a gallon of regular gas Friday in New Jersey was $2.90, up five cents from last week. Motorists were paying $2.55 for gas in New Jersey at this time last year.
The national average gas price Friday was $2.91 a gallon, up three cents from last week. The national average a year ago was $2.52 a gallon.
Analysts say motorists usually see prices drop this time of year as gasoline demand decreases and cheaper-to-produce winter blend gasoline is available — but this year gas prices feel more like summer than fall.