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Drivers not seeing much relief from high gas prices

July 24, 2021 GMT

TRENTON, N.J. (AP) — Drivers in New Jersey and around the nation aren’t seeing much relief from high gas prices, and analysts say they shouldn’t expect prices below $3 a gallon for the rest of the summer.

AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.17, unchanged from a week ago. Drivers were paying an average of $2.19 a gallon a year ago at this time.

The national average price for a gallon of regular gasoline was $3.15, down a penny from last week. Drivers were paying an average of $2.18 a gallon a year ago at this time.

Analysts report a slight increase in demand and a slight decline in total domestic gas stocks, and although crude oil prices have fluctuated, they expect prices at the pump to remain above $3 a gallon across the nation throughout the summer.