The average price of gas in the Garden State broke the $3 barrier last March.
The prices are dropping over concerns that demand will weaken further in an economic slowdown. Oil prices fell below $90 a barrel, and light, sweet crude for November delivery was down $4.69 to $89.19 a barrel in electronic trading on the New York Mercantile Exchange by late afternoon in Singapore.
Oil prices have tumbled nearly 40 percent since peaking in July.
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