Now there is good news at the gas pump, AAA said the average price for a gallon of gas is $4.98 nationwide.
The average price nationwide is $4.98.
As far as the tri-state area, the average in New York and New Jersey is still above $5 a gallon. The average in Connecticut is $4.97. Gas prices dipped a bit in New Jersey but rose a bit across the nation at large as crude oil prices dropped after the Federal Reserve's interest rate hike and amid demand concerns.
AAA Mid-Atlantic said the average price of a gallon of regular gas in New Jersey on Friday was $5.02, down two cents from last week. Drivers were paying $3.07 a gallon on average a year ago at this time. Analysts say drivers are still fueling up despite gas prices at or above $5 per gallon, but people might start to change their daily driving habits or lifestyle if prices remain at those levels for the foreseeable future.