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Why New Jersey gasoline prices are expected to continue dropping

gas station bike

BRIAN IANIERI Staff Writer

May 1, 2017

New Jersey gasoline prices dropped more than 3 cents in the past week and are expected to continue falling because of a glut of inventory, an analyst said Monday.

An oversupply of gasoline exists as refiners ramp up production, said Dan McTeague, senior petroleum analyst with GasBuddy, a price-tracking website. The peak driving time in the U.S. is in the summer, when gasoline is generally more expensive than in the winter.

https://www.pressofatlanticcity.com/business/why-new-jersey-gasoline-prices-are-expected-to-continue-dropping/article_48ec6355-95d4-5124-963e-e0f4594da75a.html

Lowest Gas Prices in New Jersey
Price Station Address City Time
2.09
Cash
Delta 381 River Rd & Madison Ave New Milford May 2, 8:45 AM
2.09
Cash
Delta 348 Market St & Blvd Elmwood Park May 2, 7:41 AM
2.09
Cash
Delta 390 Floral Ln & Midland Ave Saddle Brook May 2, 6:01 AM
2.09
Cash
Fuel 4 609 Market & Midland Avenue Elmwood Park May 1, 11:26 PM
2.11 Costco 67 NJ-23 S & N Leg Wayne May 2, 9:01 AM
2.13
Cash
Diesel & Gas 210 14th St near Grove St Jersey City May 2, 7:55 AM
2.13
Cash
Fuel 4 596 Grove St & 14th St Jersey City May 2, 7:55 AM
2.13
Cash
Gastrol Plus 5440 Black Horse Pk near Whitm Turnersville May 2, 6:16 AM
2.13
Cash
Mobil 908 River Dr & Garden Dr Elmwood Park May 1, 11:25 PM
2.15
Cash
Riggins 5681 Black Horse Pike & Greent Turnersville May 2, 8:10 AM
New Jersey Gas Prices provided by GasBuddy.com

Read More: Jersey gas prices are dropping — here are the lowest prices in NJ | https://nj1015.com/jersey-gas-prices-are-dropping-here-are-the-lowest-prices-in-nj/?trackback=tsmclip

One thought on “Why New Jersey gasoline prices are expected to continue dropping

  1. Wait for it…
    The political vultures are probably already working on a gas tax hike to fund more socialism…

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