On the way to Grandma’s house. Gas prices hold steady in New Jersey
| 24 Nov 2021 | 09:14
Photo illustration by Mike Johnson from FreeImages.
Gas prices held steady in New Jersey and across the nation at a level that analysts say is the highest in eight years for the period just before Thanksgiving.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.45, the same as last week.
Drivers were paying an average of $2.21 a gallon a year ago at this time.
The national average price for a gallon of regular gasoline was $3.41, also the same as last week.
Drivers were paying $2.11 a gallon on average a year ago at this time.
AAA predicts that 53.4 million people will travel for the Thanksgiving holiday, up 13% from last year, with 90% (or 48.3 million) of them on the roads.
Analysts say the tight supply of crude oil and increased demand during the holiday weekend will likely keep gas prices ``fluctuating instead of dropping for some time.``
- Associated Press