Gas prices jump 5 cents along New Jersey toll roads

Latest on Gas and Fuel Costs

July 26, 2013 3:57:15 AM PDT
The price of a regular gallon of gas went up 5 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 $3.60 instead of $3.55. This increase follows a whopping 17 cent hike last Friday.

"There has been a slight decline in nationwide inventories in crude oil and gasoline," said Sal Risalbato, of the New Jersey Gasoline-Convenience-Automotive Association. "There has been, for the first time in awhile, a slight uptick of demand by motorists filling their cars. And that's the first uptick in a long while."

Still, the highways offer some of the cheapest 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.