Gas Prices on the Rise in N.J. Due to Tax Increase

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The gas tax increase that took effect earlier this month is impacting the prices at the pump.

Gas prices are on the rise in New Jersey thanks to the new 4.3-cent gas tax and an oil price rally.

AAA Mid-Atlantic says the average price of a gallon of regular gas on Friday, October 5th, in New Jersey was $2.90, up five cents from last week.

New Jersey drivers were paying $2.55 for gas at this time last year.

Analysts say motorists usually see prices drop this time of year as gasoline demand decreases and cheaper-to-produce winter blend gasoline is available, but this year gas prices feel more like summer than fall.


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