New Jersey Gas Prices Hit $4, Highest Since 2008: Reports

NEW JERSEY — Sticker shock at New Jersey gas stations just got worse as gas prices in some parts of the state hit $4 per gallon this week, the highest recorded since 2008.

Luckily, the statewide average is still hovering below $4, according to GasBuddy.com. As of Friday, New Jersey gas prices averaged $3.82 for a gallon of regular gas, slightly above the U.S. average gas price of $3.79.

On Thursday, however, the highest gas prices ranged from $4.17 to a staggering $4.99 per gallon for regular, NJ.com reported citing GasBuddy figures. The lowest prices ranged from $3.21 to $3.39 per gallon.

Meanwhile, the New Jersey Turnpike Authority on Friday reported the following prices at Sunoco stations on the New Jersey Turnpike and Garden State Parkway:

• Regular gas: $3.88 per gallon
• Plus gas: $4.07
• Premium gas: $4.34
• Ultra gas: $4.36
• Diesel: $4.43

Will the rest of the state soon see $4 per gallon for regular gas? Taking into account the war in Ukraine and the switch from winter to summer gas, it may happen sooner than you think.

"You’re going to hit it," Tom Kloza, a global petroleum analyst, told NJ.com. "There’s a good chance we might hit it this month."

Currently, New Jersey has the 15th highest gas prices in the nation, according to GasBuddy. Friday, the highest recorded prices were in Passaic, Essex, Somerset and Mercer counties.