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Thursday, March 08, 2007

Good time to fill 'er up on Parkway

The cheapest gasoline prices in New Jersey today -- $2.28 a gallon for regular unleaded -- were to be found at the Lukoil stations along the Garden State Parkway, according to newjerseygasprices.com. When prices are on the rise, the Parkway is often your best bet for lower prices because prices only change once a week.

And prices have been on the rise - nearly 20 percent in the past month. Prices bottomed out around $2 in early February. Today, they are up to $2.38 -- 11 cents higher than a week ago and 25 cents higher than a year ago.

The highest prices in New Jersey -- as usual -- can be found in Summit, where two stations today were charging $2.89 a gallon. Gasoline has smashed through the $3 a gallon barrier again in parts of California and Hawaii. According to analysts, that isn’t likely to happen here, but prices are expected to get much higher before they start coming down again.

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