New York, New Jersey at highest average gas prices on record

Monday, May 9, 2022
NEW YORK (WABC) -- New York and New Jersey are now seeing their highest average gas prices on record.

New York is up to $4.51 per gallon, a 17 cent increase from last week.

New Jersey is at $4.47 per gallon, up 25 cents.

The national average is lower at $4.31 a gallon.

There is better news if you're in Connecticut, which is 1 cent below the national average.

The average U.S. price of regular-grade gasoline jumped 15 cents over past two weeks to $4.38 per gallon.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the current price sits just a nickel below the highest average price in history - $4.43, set on March 11.

The average price at the pump is $1.36 higher than it was one year ago.

Analysts say crude prices are unlikely to fall as long as the supply remains tight.

Tracy Noble, a spokesperson for AAA Mid-Atlantic, says it now costs drivers in the United States an average of about $23 more to fill up than it did a year ago.

Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $5.85 per gallon. The lowest average is in Tulsa, Oklahoma, at $3.80 per gallon.

According to the survey, the average price of diesel soared 43 cents over two weeks, to $5.58 a gallon.

(Some information from the Associated Press)

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