Say It Ain't So! Gas Prices Jump By 10 Cents In New Jersey
TRENTON, N.J. (CBSNewYork/AP) -- Some motorists in New Jersey are hitting the brakes after seeing sharply higher prices at the pumps.
On Friday the cost of a regular gallon of gas in the state was $2, up 10 cents from last week, according to AAA Mid-Atlantic.
But the sharp increase is still much lower than the price of a gallon of regular this time last year, when motorists were paying $3.23.
The national average price was $2.17 on Friday, up 12 cents from last week.
But again, the cost per gallon is still much lower than the national average from a year ago when motorists were paying $3.27 a gallon to fill up.
Analysts said the higher gas prices were spurred by rebounding crude oil prices and refinery maintenance in the Midwest, which results in decreased production.
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