AAA: Gas prices drop another two cents in New Jersey, one cent nationally

Posted: December 31st, 1969

Florham Park, N.J., May 15, 2017 — Gas prices again declined this week, both nationally and in New Jersey.

AAA’s May 15th survey of fuel prices found the current average price for a gallon of gas in New Jersey to be $2.36, two cents cheaper than a week ago ($2.38). Today’s price is five cents lower than a month ago ($2.41), but 28 cents higher than this same time last year ($2.08). New Jersey’s average gas price is two cents higher than the national average gas price.

Nationally, a gallon of regular gas costs an average of $2.34, one cent less than a week ago ($2.35) and seven cents less than one month ago ($2.41), but 12 cents higher than a year ago ($2.22).

“Typically, gas prices tick upward at this time of year, as weather warms and more travelers take to the roads,” said Cathleen Lewis, Director of Public Affairs & Government Relations for AAA Northeast. “However, a glut of gasoline in the U.S., coupled with record high refinery production and lower crude oil prices in recent weeks, is buffering consumers from dramatic price increases,”

The average price for a gallon of gas dropped around the region as well. Connecticut drivers are paying an average of $2.50, down from $2.51 a week ago. In New York, the average pump price is $2.50, dropping two cents from a week ago ($2.52). Pennsylvania’s average gas price dropped four cents this past week to $2.57 (from $2.61).


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 *Current prices reflect May 15, 2017.

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The AAA Gas Prices website is your resource for up-to-date fuel price information. Search average gas prices by Regular, Plus, Premium and Diesel on National and State levels, as well as Metro areas.

AAA Northeast in New Jersey provides automotive, travel, insurance, financial and educational services to its nearly 400,000 members in Essex, Morris and Union Counties.