Drivers in New Jersey are paying a about penny more per gallon for gas compared with a week ago.
AAA Mid-Atlantic says the average price of a gallon of regular gas in the state on Friday was $1.98, up just 1 cent from last week. That’s lower than last year, when motorists were paying of $2.34 per gallon.
The national average price on Friday was $2.12, also up 1 cent compared with last week but lower than last year’s average price of $2.48.
Analysts say the low price of gas is resulting in more drivers taking to the roads and could result in higher prices if demand outpaces supply.
Still, they analysts say gas prices are not expected to reach las summer’s peak price of $2.62 per gallon.