Gas Prices

Trouble with Iran, higher crude prices, a refinery fire in nearby Philadelphia -- all problems that may cause gas prices to "wobble," near term, according to one expert.

"Today's state average is $2.80 per gallon," AAA Spokeswoman Tracy Noble said. "That is down 6 cents in just a week."

You may be relieved to hear that a gallon of regular gasoline is 2 cents cheaper today than it was one week ago, according to AAA Northeast.

The rise in gas prices — typical at this time of year in New Jersey — is continuing, as demand increases and we switch to a more expensive formula.

Prices at the pump have gone up 8 cents a gallon over the past week in the Garden State, from $2.51 to $2.59 on average, and they’re expected to keep climbing for at least the next couple of months.

Robert Sinclair of AAA/Northeast says one reason for the rise — up two cents-a-gallon in New Jersey on average this week — is the switch to reformulated blends.

Gas prices continue to creep upward in New Jersey, at an average of $2.37 a gallon right now, according to the AAA Auto Club. And that's up a nickel from a week ago.

New Jersey's average gas price dropped by a penny this week to $2.34 a gallon. That is four cents cheaper than a month ago.

Jersey drivers are starting to wonder if the price drops at the gas pump may be coming to a screeching halt.

The sweet ride for those low Jersey gas prices will likely continue into the new year, according to one oil industry expert.