New Jersey
NJ gas prices continue to increase — but less than a year ago
⛽ AAA Northeast stories fuel costs in NJ are on the rise once more
⛽ Pump costs on common are 12 cents greater a gallon from per week in the past
⛽ However NJ fuel costs are nonetheless decrease than the nationwide common
Jersey drivers ought to preserve further money of their wallets.
Common fuel costs within the Backyard State are on the rise once more, in response to AAA Northeast.
The April 10 survey discovered that New Jersey’s common fuel worth rose 12 cents per gallon on Monday to a mean of $3.38. That’s eight cents greater than a month in the past, however 71 cents cheaper than a 12 months in the past, when it was $4.09 a gallon, on common.
The Backyard State’s common pump costs are nonetheless cheaper than the present nationwide common which sits at $3.60, up a dime from final week. The nationwide common worth can also be 13 cents greater than a month in the past, however 51 cents lower than a 12 months in the past, when it was at $4.11.
OPEC’s shock announcement that it’s going to reduce manufacturing by over a million barrels per day, meant crude instantly surged nicely above $80 a barrel, though it has since struggled to remain above that mark.
“The oil market has had a while to digest the OPEC information and speculate in regards to the cause, resulting in the worth of oil stabilizing for now,” mentioned Robert Sinclair, Jr., senior supervisor of public affairs at AAA Northeast.
He added that drivers could not catch a break on the pump any time quickly as a result of the price of oil accounts for greater than 50% of what folks pay for fuel.
Gasoline costs elevated in all surrounding states. Common pump costs jumped by 12 cents in Connecticut and Pennsylvania to $3.41 and $3.69 respectively. New York drivers noticed the smallest hike, up seven cents from per week in the past (from $3.47 to $3.54).
To maintain up with present fuel costs in New Jersey, go to right here.
UP NEXT: See how a lot gasoline value the 12 months you began driving
Jen Ursillo is a reporter and anchor for New Jersey 101.5. You possibly can attain her at jennifer.ursillo@townsquaremedia.com
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