Hamilton, NJ  -National prices jumped six cents in the last week to $3.28 a gallon, while New Jersey pump prices rose slightly higher this holiday, with the statewide average edging up three cents in the last week to $3.31 per gallon. Price for both the national average and the New Jersey state average are just a penny or two above the year-ago prices.

"Nationwide, prices are being driven higher due to demand as nearly 86 million Americans are taking road trips over the year-end holidays," says Jim Lardear, director of public and government affairs for AAA Mid-Atlantic. "Prices should begin to settle as the demand from holiday road trips ends and cold winter months keep people close to home."

The Trenton area in Mercer County and the Atlantic - Cape May County area hold the high and low state fuel averages for New Jersey at $3.35 and $3.29 per gallon, respectively.

Motorists across the country are experiencing different levels of pain at the pump versus last year's holiday travel period. Average prices in neighboring states range from $3.49 a gallon in the Philadelphia (five county) region of Pennsylvania, $3.44 in Maryland and $3.46 in Delaware. Connecticut has the highest average prices at $3.69, while Missouri, Montana and Oklahoma hold the lowest average prices at $3.01 per gallon, respectively.

The U.S. Energy Information Administration (EIA) says that the overall regular-grade gasoline retail price average for 2013 is $3.50, 13-cents less than the 2012 average of $3.63. The EIA is also predicting that motorists will be feeling less pain at the pump in the New Year as the yearly average gas price is expected to fall to $3.43.

Hamilton, NJ (Friday, December 27, 2013) --National prices jumped six cents in the last week to $3.28 a gallon, while New Jersey pump prices rose slightly higher this holiday, with the statewide average edging up three cents in the last week to $3.31 per gallon. Price for both the national average and the New Jersey state average are just a penny or two above the year-ago prices.

“Nationwide, prices are being driven higher due to demand as nearly 86 million Americans are taking road trips over the year-end holidays,” says Jim Lardear, director of public and government affairs for AAA Mid-Atlantic. “Prices should begin to settle as the demand from holiday road trips ends and cold winter months keep people close to home.”

The Trenton area in Mercer County and the Atlantic - Cape May County area hold the high and low state fuel averages for New Jersey at $3.35 and $3.29 per gallon, respectively. 

 

Motorists across the country are experiencing different levels of pain at the pump versus last year’s holiday travel period.  Average prices in neighboring states range from $3.49 a gallon in the Philadelphia (five county) region of Pennsylvania, $3.44 in Maryland and $3.46 in Delaware. Connecticut has the highest average prices at $3.69, whileMissouri, Montana and Oklahoma hold the lowest average prices at $3.01 per gallon, respectively.

 

The U.S. Energy Information Administration (EIA) says that the overall regular-grade gasoline retail price average for 2013 is $3.50, 13-cents less than the 2012 average of $3.63.  The EIA is also predicting that motorists will be feeling less pain at the pump in the New Year as the yearly average gas price is expected to fall to $3.43.

 

As a go-to automotive resource, AAA Mid-Atlantic has a variety of resources to help motorists save on fuel:

·         Fuel Price Finder (AAA.com/fuelfinder) locates the lowest fuel price in your area.

·         Fuel Cost Calculator (FuelCostCalculator.AAA.com) helps budget travel expenses.

·         TripTik Mobile (AAA.com/mobile) plots fuel prices along your travel route.