The price of gasoline hit a grim milestone in New Jersey Tuesday morning – it now sits over $5 per gallon, on average.
According to AAA, the average price for a gallon of regular-grade fuel is now $5.01, with the incessant rise in price having no end in sight.
In Ocean County specifically, the average price of gas is a tick higher – $5.02 a gallon. A year ago, the average price in Ocean County was $3.06 a gallon.
Gas prices are now officially more than double what they were when President Biden took office. In the week of his inauguration, average gas prices across the country were $2.39 a gallon. As of Tuesday morning, the national average for gas was $4.91 – a 105% increase.
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You are lucky to live in Lakewood. In Eretz Yisroel where salaries are much less than in America, regular gas costs almost $9 a gallon!