AAA Mid-Atlantic: NJ gas prices stay stable

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Associated Press

Posted on November 17, 2013 at 3:00 PM

Updated Sunday, Nov 17 at 3:00 PM

TRENTON, N.J. (AP) — Motorists are seeing stable prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.12, the same price as last week. But that's still much lower than the price from a year ago, when motorists were paying $3.61.

The national average price was $3.20, down a penny from last week. That's also lower than the national average from a year ago, when motorists were paying $3.44.

Analysts say the stable prices are mostly due to abundant gas supplies and falling demand for fuel.

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