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Analysts: Gas prices might go up just before holiday weekend

May 18, 2019

TRENTON, N.J. (AP) — Drivers in New Jersey and across the nation got a break at the pump last week due to a dramatic drop in demand, but analysts warn that the respite might not last heading into the Memorial Day weekend.

AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.90, down two cents from last week and below the average $2.97 at this time last year.

The national average gas price Friday was $2.85, also down two cents from last week and below the average of $2.91 at this time last year.

Analysts say a possible increase heading into the holiday weekend isn’t expected to stop the more than 37 million Americans planning a road trip to mark the unofficial start of summer.

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