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Why this could be the last week for cheap gas in N.J.

gas tax nj

By Larry Higgs | NJ Advance Media for
on February 20, 2017 at 8:32 AM, updated February 20, 2017 at 11:15 AM

This week for gas prices might be like the last hours of a great party that you wish could last longer, but you know is starting to wind down.

On Friday, the average price for regular in the state was $2.32 a gallon, but discount stations ranged between $2.07 and $2.09, reported. An average price of $2.20 or less wasn’t hard to find.

There are two factors that drivers can thank for keeping prices low at the pump — lousy demand for gas and tremendous supplies of it. But low gas prices aren’t going to last much longer, experts said.

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