Showing posts with label cents. Show all posts
Showing posts with label cents. Show all posts

Friday, October 5, 2012

Gas prices jump 6 cents on New Jersey toll roads

  Eyewitness NewsTRENTON, N.J. (WABC) -- After several months of gas prices going up, we're seeing an unsettled trend in New Jersey.

One week after gas prices dropped six cents from $3.82 to $3.76 along the New Tersey Turnpike and the Garden State Parkway, they jumped back up six cents Friday morning.

Analysts expected lower prices at the pump, mostly due to falling crude oil prices and stations switching over to less expensive winter blends.

The price of regular unleaded gasoline went up after two week of decline. That followed 10 straight week of price hikes after10 weeks of decline leading up to summer.

The highways offer some of the cheaper gas in the area, and motorists are taking note.

"I live on Staten Island, but I try to fill up in Jersey every chance I get," driver Tony Ablavskiy said.

Gas prices only increase once a week on the two highways, maintained by the New Jersey Turnpike Authority. The Authority surveys 100 gas stations, located off the highway, every Wednesday and Thursday to determine an average statewide price, and implements the increases Friday morning. The service area per-gallon cost cannot be more than 3 cents above that average price.

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Sunday, July 3, 2011

Gas prices drop 5 cents in NJ Friday morning

See it on TV? Check here.Latest on Gas and Fuel Costs Latest on Gas and Fuel Costs

  Tiffany Jackson, Eyewitness NewsNEW JERSEY (WABC) -- Friday morning, the price of gas is set to drop 5 cents in New Jersey, just in time for the holiday weekend.

As of 7 a.m. the price of regular will fall to $3.59 a gallon.

Medium will drop to $3.75, and premium will cost $3.86.

The New Jersey Turnpike Authority surveys 100 gas stations along the highway, every Wednesday and Thursday to determine the state's average price. (Copyright ©2011 WABC-TV/DT. All Rights Reserved.)
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