Cheapest Gas Near Me: Find The Lowest Prices Around Parsippany

PARSIPPANY, NJ — Soaring oil prices mean more pain at the pump for New Jersey residents, with the average gas price hitting $3.75 per gallon across the state — and $3.78 in Morris County — according to AAA.

Nationally, gas prices have hit their highest marks since 2014, according to the U.S. Energy Information Administration (EIA). But there's some good news. Thanks to the internet, it's easier than ever to find the best savings at the pump in town.

Here are the cheapest deals around Parsippany for a regular gallon of gas, according to gasbuddy.com:

• Valero (110 Parsippany Blvd.): $3.35
• BP (1933 Route 46 E): $3.49
• Delta (499 E Halsey Rd.): $3.49
• Conoco (3440 Route 46 W): $3.59
• Raceway (2140 Route 10 W): $3.59
• Sunoco & APlus (1947 Route 46 E): $3.59
• Exxon (3019 Route 46 E): $3.59
• Woroco (175 Parsippany Rd.): $3.59
• Petro Hub (261 Parsippany Rd.): $3.59
• Wawa (350 New Rd.): $3.67
• Shell (25 Route 46 E): $3.69
• Gulf (859 Route 46 E): $3.69
• Gulf (400 Route 46 W): $3.69

Why Are Gas Prices Rising?

The high cost of crude oil has been the main culprit behind increasing prices, according to AAA. Moderating winter weather and optimism over a potential fading of the omicron variant have also led to increases in demand, the company says.

"More drivers fueling up here coupled with a persistent tight supply of oil worldwide provides the recipe for higher prices at the pump," AAA spokesperson Andrew Gross said in a news release. "And unfortunately for consumers, it does not appear that this trend will change anytime soon."

The war in Ukraine may raise prices further. Gas prices in the United States increased to more than $100 a barrel on Thursday after Russia launched an invasion, and experts predict that higher fuel bills are on the way. Read more: New Jersey Gas Prices Expected To Rise Amid Ukraine Invasion

Russia is a major producer and exporter of crude oil and natural gas. According to an NPR report, investors are concerned that the conflict will disrupt some exports on the ground, while sanctions will hinder others.

At a news conference last week, GasBuddy representatives said gas prices could go up by as much as 50 cents in the coming months.

Eric Heyl, Patch Staff, contributed to this article.

Thanks for reading. Have a news tip? Email josh.bakan@patch.com. Subscribe to your local Patch newsletter and follow the Parsippany Patch Facebook page.