Gas prices have dropped below $4 in New Jersey for the first time since March. But analysts warn hurricane season could disrupt oil production.
Drivers were paying $3.18 a gallon on average a year ago at this time.
The national average price for a gallon of regular was $3.86, down five cents from last week. Drivers were paying $3.14 a gallon on average a year ago at this time. Analysts say easing oil prices have offset rising demand and tightened supplies, but they warn that hurricane season may bring storms that could disrupt oil production in the Gulf of Mexico and impact large coastal refineries.
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