Gas Prices

The average price for a gallon of regular gas in the Garden State dropped 11 cents from last week to today’s price of $4.17.

According to Sal Risalvato, executive director of the NJ Gasoline, Convenience Store and Automotive Association, gas stations pay an average of about 3% in fees on their transactions.

Record high gas prices are again renewing the debate over drilling for oil off the New Jersey coastline.

With gas prices over $5 a gallon, some difficult choices are being made. In some homes, where money was already tight, it may come down to food vs. fuel.

In New Jersey, the average for regular is $4.77 per gallon. That is the same as what we were paying last Friday but is off fractionally from the record high set on May 20th, according to AAA.

Yet another piece of legislation has been proposed to provide some relief for record-high gas prices, but none of the proposals has advanced.

A couple of months ago, a bill was proposed to allow New Jersey residents to pump their own gas. It was met with a lot of criticism and ultimately didn't pass.

Gas prices have rebounded in New Jersey and around the nation amid concerns about higher global oil prices and renewed seasonal demand.

Prices continue to drop about a penny a gallon each day. The statewide average is $4.04, but many counties are reporting an average at or below the $4 mark.

Even as gas prices keep creeping down, Gov. Phil Murphy is promising more relief. What type of relief, and when you might see it, remains a question.