Temperatures are dropping but gas prices are headed in the opposite direction, Save Jerseyans.
Gas prices surged higher on Monday as OPEC’s production cut, an ongoing disonnect between supply and demand, and the Biden Administration’s anti-energy independence policies negatively impacted motorists’ bottom lines ahead of the holiday season.
The average gallon of regular gas was up nearly 20-cents this week to $3.618 versus last Monday ($3.421) in the Garden State according to AAA. The new price is nearly one-and-a-half dollars lower than this spring’s all-time record ($5.059) but higher than this time last year ($3.274).
New Jersey has actually fared well compared to other states.
In Portland, Oregon, gas prices are up a staggering 84-cents since last month.
Nationwide, the new average as of October 10th is $3.919 which suggests a return to $4 gas is almost inevitable before Election Day.
