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Gas prices dip in NJ to $3.42, around nation to $3.49

Gas prices are expected to continue easing, although modestly, unless “something shocks the market,” according to AAA. As of Friday, the national average price for a regular gallon of gasoline is sitting at $3.49, which is a few cents higher than a year ago. Drivers were paying $3.41 a gallon on average a year ago at this time. The Associated Press has the story:

Gas prices dip in NJ to $3.42, around nation to $3.49

Newslooks- TRENTON, N.J. (AP)

Gas prices dipped in New Jersey and around the country at large as cold weather descended on parts of the nation following an unusually warm January.

AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.42, down three cents from last week. Drivers were paying $3.44 a gallon on average a year ago at this time.

The national average price for a gallon of regular gasoline was $3.49, down a penny from last week. Drivers were paying $3.41 a gallon on average a year ago at this time.

Analysts say the return of wintry conditions in February may result in seasonal driving patterns reasserting themselves, and prices may drop further if demand doesn’t spike and crude oil prices remain below $80 per barrel.

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