TRENTON, N.J. (AP) — Motorists continue to see sharply 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 $3.27, down 7 cents from last week. That’s also much lower than the price from a year ago, when motorists were paying $3.82.
The national average price was $3.37, down 5 cents from last week. That’s also much lower than the national average from a year ago, when motorists were paying $3.78.
Analysts say the falling prices are mostly due to falling abundant gas supplies, lower crude oil prices and the switchover to winter-blend fuels.
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