Gasoline price dips in S. Jersey; Crude rises
The average cost for a gallon of regular gasoline fell a penny overnight, to $2.93 in South Jersey, AAA Mid-Atlantic said.
The average cost for a gallon of regular gasoline fell a penny overnight, to $2.93 in South Jersey, AAA Mid-Atlantic said.
The average in southeastern Pennsylvania held at $3.13 - even with the record for 2007 - as the national average dipped a penny to $3.10, the auto club said.
Crude oil prices, meanwhile, rose today amid expectations a U.S. government report will show crude oil stockpiles fell last week, the Associated Press reported.
Prices were also supported by fears of further violence in Nigeria, the world's eighth-largest oil producer.
Light, sweet crude for February delivery added 24 cents to $96.57 a barrel by afternoon in Europe in electronic trading on the New York Mercantile Exchange. The contract rose $1.24 to settle at $96.33 a barrel yesterday.