AP NEWS

Motorists seeing slightly lower gas prices in New Jersey

November 16, 2019 GMT

TRENTON, N.J. (AP) — Motorists are seeing slightly lower prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of a gallon of regular gas in the state on Friday was $2.58, which is down a penny from last week. Drivers were paying $2.65 a gallon a year ago at this time.

The national average gas price Friday was $2.60, down 2 cents from last week. That’s slightly lower than the national average from a year ago, when motorists were paying $2.65.

Analysts say the lower pump prices are mostly due to stable crude oil prices, a drop in demand for gas and an increase in gas supplies on the east coast. They also note that while gas prices usually drop in the fall, price fluctuations remain possible in coming weeks.