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Gas prices rise again

March 4, 2012 3:51:29 PM PST
Motorists continue to see higher prices at the pumps in our area.

AAA Mid-Atlantic says the average price of regular gasoline in New Jersey is $3.62, up 6 cents from last week. That's also much higher than it was a year ago, when motorists were paying $3.26.

Meanwhile, the national average price rose 11 cents and is now $3.76. That's also much higher than the national average from a year ago, which was $3.43.

The price boost marks the thirteenth straight week that gas prices have risen in New Jersey.

Analysts say the rising prices are mostly due to tensions in the Middle East, rising crude oil prices and market speculation, along with signs of an improving U.S. economy.

The average price in New York state is $3.98.

It's $3.99 in Connecticut.


(The Associated Press contributed to this report.)

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