Bad news, NJ Expects to pay more at the pump as gas prices rise

Do you need another excuse to stay home? Pump prices are rising, with the New Jersey average 17 percent higher than last month.

As of Saturday, regular unleaded gasoline averaged $ 2.66 per gallon, up from $ 2.60 last week and $ 2.49 last month, the same average price a year ago, according to AAA.

“Consumers can expect to continue to pay more to refill this month, possibly up to 10 cents more per gallon, depending on how high crude oil is,” said AAA spokeswoman Jeanette Casselano McGee. “If demand grows, it will increase the price increases of the pump.”

According to the Energy Information Administration, the combination of rising crude oil prices and rising fuel demand is likely to be responsible for the rise in price. West Texas Intermediate Crude Oil achieved its highest daily settlement price of the year on Friday.

AAA predicts that pump prices will rise before spring.

At present, the pump price of New Jersey is 16 cents higher than the national average of $ 2.50. And 45 other states are also enduring higher gas prices than they did a week ago, with Florida and Michigan each getting 11 cents.

“For almost a year, motorists save an average of 53 cents per liter if they fill their tanks. “That extra pocket change will slow down quickly thanks to rising crude oil prices, which has resulted in more expensive pump prices,” McGee said.

Here is the average cost of one liter ordinary in each country, according to AAA:

  • Atlantic County: $ 2.68
  • Bergen County: $ 2.63
  • Burlington County: $ 2.66
  • Camden County: $ 2.65
  • Cape May County: $ 2.71
  • Cumberland County: $ 2.66
  • Essex County: $ 2.69
  • Gloucester County: $ 2.66
  • Hudson County: $ 2.64
  • Hunterdon County: $ 2.70
  • Mercer County: $ 2.70
  • Middlesex County: $ 2.68
  • Monmouth County: $ 2.68
  • Morris County: $ 2.67
  • Ocean County: $ 2.70
  • Passaic County: $ 2.62
  • Salem County: $ 2.64
  • Somerset County: $ 2.75
  • Sussex County: $ 2.62
  • Union County: $ 2.65
  • Warren County: $ 2.68

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Josh Axelrod can be reached at [email protected]. Tell us your coronavirus story or send us a tip here.

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