New Jersey gasoline prices up slightly

Latest on Gas and Fuel Costs

August 16, 2010 4:21:49 AM PDT
Motorists are seeing slightly higher prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of regular gasoline in the Garden State on Friday was $2.61, up a penny from a week ago.

But that's still less than a year ago, when New Jersey motorists were paying $2.64.

Meanwhile, the national average price fell one cent to $2.77. The national average a year ago was $2.65.

AAA Mid-Atlantic spokeswoman Tracy Noble says the relative stability of gas prices is a "sign of weak summer demand." She says that, along with falling crude oil prices and continued signs of a sluggish economic recovery, will likely keep gas prices stable over the next few weeks.