The Tri-State Area is still feeling the pain at the pump.
In New Jersey, the average price per gallon is $3.68, which is 5 cents below the national average. In New York it’s more than $4, and in Connecticut it’s at $4.04.
But paying to fill up may actually be a little less painful this summer.
“We saw the price of crude oil drop by $9 as of Monday, and that’s the highest one-week drop this year,” Robert Sinclair, Jr. of AAA said. “With it will come gasoline prices.”
The U.S. Energy Information Administration forecasts that the average gas price this summer will be $3.79 per gallon, 16 cents below the previous forecast.
Some analysts even suggest that $3 a gallon is attainable.
Lower prices should arrive just in time for Memorial Day Weekend. By the end of the month, filling up in New Jersey may cost less than $3.50 a gallon, while prices in Connecticut will likely be closer to $3.80, Sinclair said.
(Source: WCBSTV)
2 Responses
somehow
Lower prices should arrive just in time for obama to win reelection.
I saw gas last week for 3.35 in jersey! And 4.39 in CT. Honestly the last thing we need is for everyone to see prices drop and re-think voting away from Obama. But also.. I can barely afford to get to and from work due to gas prices…