Gas Prices on the Rise Due to Summer Demands, Iran Sanctions

Last Edited:
NEW JERSEY -

Gas prices are on the rise following the Fourth of July holiday.

AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday, July 6th, was $2.90, up three cents from last week.

Drivers were paying just $2.29 a gallon for gas in New Jersey at this time last year.

Analysts say drivers should prepare for possible higher prices in coming weeks due to a shrinking global crude oil supply, continuing high demand in the summer driving season, and sanctions on Iran creating an unpredictable market.

MORE:

American Red Cross Sends Urgent Call Out for Blood Donations 

Two Women Found Dead in Ventnor, Investigation Ongoing 

Gloucester County House Explosion Kills Two, Authorities Investigate 


SNJ Today is a Southern New Jersey news and information source that is dedicated to providing current stories related specifically to South Jersey.

Do you have community news or events? Email news@snjtoday.com or call 856.825.NEWS (6397).