Gas Prices

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.

The price for a gallon of regular gasoline now stands at $4.16, down two cents from Friday and five cents from a week ago Monday. The high of nearly $4.38 was recorded by AAA on March 10.

The next trend may be food trucks concentrated at apartment buildings or offices but the problem there is that many offices remain relatively empty since clearing out in March 2020.

Some industry analysts are warning temporarily cutting the gas tax will ultimately have the opposite effect on prices as demand for gasoline increases.

Don't expect Gov. Phil Murphy to offer much relief for record-high gas prices. Although he acknowledged "affordability is being challenged," he offered no New Jersey-based solutions.

Gas prices in New Jersey have been dropping a couple of cents a gallon per day, but there was no overnight decline from Wednesday to Thursday.

Efforts to bring self-serve gas to the Garden State are essentially dead after State Senate President Nicholas Scutari (D-Union) says he does not support it.

Efforts to give New Jersey residents some type of 'gas tax holiday' are intensifying in Trenton.

According to AAA, the price of gas has fallen a penny a gallon over the last four days, to an average of $4.32 a gallon for regular. A month ago we were paying $3.60 a gallon.

The price of a gallon of regular gasoline in New Jersey is averaging $4.33 on Monday, according to AAA Northeast, a 16-cent jump from a week prior.