National Business

Gas prices edge up in New Jersey, around nation

Gas prices have edged up in New Jersey and around the nation, with analysts citing decreased inventories in the northeastern United States, increased demand and fluctuating crude oil prices.

AAA Mid-Atlantic says the average price of a gallon of regular unleaded was $2.59 in New Jersey last week, up two cents from the previous week but lower than the $2.72 recorded at this time last year.

The average gas price across the nation was $2.62 a gallon, up a penny from last week but also below the average of $2.72 at this time last year.

Analysts say depending on how the market reacts to ongoing U.S.-China trade talks, drivers could see price fluctuations leading up to the Thanksgiving holiday.

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