Wayne, N.J., March 27, 2023 — The average price for a gallon of gas in New Jersey dropped five cents from last week to $3.21 ($3.26). Today’s average price is one cent more than a month ago ($3.20), and one dollar cheaper than March 27, 2022 ($4.21).
AAA Northeast’s March 27th survey of fuel prices found the current national average to be $3.43, down one cent from a week ago ($3.44). The national average price is seven cents higher than a month ago ($3.36) and 81 cents less than a year ago ($4.24).
Spring has sprung with gas demand surging last week as motorists took advantage of better driving weather. But fears of a recession caused global oil prices to hover near $70 a barrel, mitigating a rise in gas prices.
“We may be seeing a return to seasonal trends in demand with warmer weather and longer days,” said Robert Sinclair Jr., Senior Manager of Public Affairs for AAA Northeast. “But waffling oil prices could mitigate any increase at the pump for now.”
The average gas price declined in all surrounding states, with New Jersey drivers seeing the largest drop. Average pump prices declined by four cents in Pennsylvania to $3.55 ($3.59), by three cents in Connecticut to $3.25 ($3.28), and by one cent in New York to $3.42 ($3.43).
Region | Current Price* | One Week Ago | One Month Ago | One Year Ago |
New Jersey | $3.21 | $3.26 | $3.20 | $4.21 |
Connecticut | $3.25 | $3.28 | $3.24 | $4.31 |
New York | $3.42 | $3.43 | $3.44 | $4.34 |
Pennsylvania | $3.55 | $3.59 | $3.62 | $4.32 |
*Prices as of March 27, 2023
The AAA Gas Prices website is your resource for up-to-date fuel price information. Search average gas prices by Regular, Plus, Premium and Diesel on National and State levels, as well as Metro areas.
AAA Northeast is a not-for-profit auto club providing travel, insurance, finance and auto-related services to more than six million members in Connecticut, Massachusetts, New Hampshire, New Jersey, New York & Rhode Island. In New Jersey, AAA Northeast serves more than 755,000 members in Bergen, Essex, Hudson, Morris, Passaic & Union Counites.