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 $3.48, down 3 cents from last week. That’s also lower than the price from a year ago, when motorists were paying $3.71.
Meanwhile, the national average price fell by 5 cents to $3.64. That’s also lower than the national average from a year ago, when motorists were paying $3.92.
Analysts say the falling prices are due to crude oil prices staying stable and news that the United States economy performed better than expected in the fourth quarter.