The national average price for a gallon of regular gasoline was $3.58, up eight cents from last week.
Sunday, April 9, 2023 11:42PM
TRENTON, New Jersey -- Gas prices surged in New Jersey and around the nation at large following OPEC's announcement last weekend that it plans to cut production by more than a million barrels a day starting in a month.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.36, an increase of 11 cents from last week. Drivers were paying $4.13 a gallon on average a year ago at this time.
In South Jersey, the average price for a gallon of regular fuel is 15 cents higher from last week.
Drivers in Philadelphia and surrounding suburbs are paying 13 cents more compared to one week ago.
And drivers in Delaware are averaging $.48 per gallon, which is up 12 cents.
The national average price for a gallon of regular gasoline was $3.58, up eight cents from last week. Drivers were paying $4.15 a gallon on average a year ago at this time.
Analysts say the oil market has had a few days to digest the OPEC announcement and prices have stabilized for now, but since the cost of oil accounts for more than half of what consumers pay for gasoline "drivers may not catch a break at the pump any time soon."
Copyright © 2023 by The Associated Press. All Rights Reserved.
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