Gas prices drop 13 cents along New Jersey toll roads

Latest on Gas and Fuel Costs

October 26, 2012 4:53:35 AM PDT
The price of a regular gallon of gas droped 13 cents on New Jersey toll roads Friday morning.

A gallon of gas on the New Jersey Turnpike and Garden State Parkway will now cost you $3.59 instead of $3.72.

It is the third straight week of decline after a seven-cent drop last week and a three-cent drop the week before.

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

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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