TRENTON, N.J. (AP) – Summer gas prices are the highest they’ve been in six years.
AAA Mid-Atlantic says a gallon of unleaded gasoline rose to $3.68 last week. That’s the highest since July 2008, when it topped $4.
Prices are slightly lower than the 2014 high of $3.70 set in April, and up 15 cents from a year ago.
In New Jersey, the average is $3.57 per gallon, up 3 cents from a week ago and 19 cents from a year ago.
AAA Mid-Atlantic says instability in Iraq has affected prices, but notes most of Iraq’s oil production is centered in the southern region of the country which has not been affected by the conflict.
AAA predicts about 35 million Americans will hit the road for the July 4th holiday, the most since 2007.AlertMe