Gas prices fell in New Jersey and across the country amid falling crude oil prices.
AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.29, down a penny from last week.
Drivers were paying $4.26 a gallon on average a year ago at this time. The national average price for a gallon of regular gasoline was $3.45, down two cents from last week. Drivers were paying $4.28 a gallon on average a year ago at this time.
Analysts say the cost of oil is 55% of what drivers pay at the pump, but it will take time for falling oil prices to trickle down to prices at the pump as gas stations have paid the price. fuel in their underground reservoirs weeks ago when oil was nearly $15 more a barrel.
