AAA Mid-Atlantic: Gas prices on downward trend

October 20, 2012 11:19:04 AM PDT
The end may be in sight for rising gas prices in New Jersey.

AAA Mid-Atlantic says prices at the pump have begun their seasonal decline, though a month later than usual. The auto association's recent figures show that prices in New Jersey have fallen 8 cents from a week ago, to $3.70 for a gallon of regular unleaded gasoline.

Nationally, averages have fallen 9 cents to $3.72 per gallon. That's down 13 cents from a month ago but still 25 cents up from a year ago. Average prices in New Jersey are up 33 cents from a year ago.

AAA Mid-Atlantic spokesperson Tracy Noble says that barring any unforeseen events in the Middle East or North Africa, prices should continue to fall over the next two to three months.


Load Comments