Gas prices rise $1 more a gallon over last year: New Jersey
8/8/2021- 3:10 p.m.
New Jersey – Gas prices increased once again around the nation amid concerns about the effect of rising COVID-19 infection rates on demand. New Jersey on Friday was $3.20, up a penny from a week ago.
The national average price for a gallon of regular gasoline was $3.18, up two cents from last week and exactly $1 more than drivers were paying on average a year ago at this time.
Well, Garden State drivers were paying an average of $2.17 a gallon a year ago.
Despite a deal last month between OPEC and other oil producing nations to lift crude oil production limits, New Jersey drivers will continue to see prices above $3 a gallon until at least the fall, experts say.
Analysts say the rise in COVID-19 cases worldwide may push crude prices higher, leading to an increase in prices at the pump.
