What Gasoline Prices Look Like in NJ: Prices Are Up 5 Percent Since the Start of the Year
Gasoline prices in New Jersey have soared over the past month.
According to GasBuddy, the state average price is $3.97 per gallon, up from $3 per gallon on Jan. 9.
The spike has sparked speculation that gasoline prices could soon go up as a result of the drought.
A recent report by the New Jersey Association of State Gasoline Producers found that the state’s gas demand has increased significantly since January.
The report notes that the amount of gas used in the state increased by 9.2 percent compared to the previous year.
While gasoline prices are up 5 percent since the start of the year, gas prices in some areas are starting to creep down.
Gasoline prices have been a hot topic since the governor and New Jersey Attorney General announced plans to allow the sale of diesel fuel in the Garden State.
The move comes as a part of a larger effort to combat climate change, which could further affect fuel costs.
Gas prices have also risen in parts of New York, but the price of gas has fallen significantly in New York City, where the average price of gasoline is $2.95 per gallon.
Gasolinks to GasPrice.com to see the full data on prices.