The price of a gallon of regular unleaded gasoline jumped 6 to 7 cents overnight in New York and New Jersey, propelling both states (yet again) to new records.
As of Wednesday morning, gas is averaging $4.868 a gallon in New York, up 6.3 cents versus Tuesday, according to AAA. In New Jersey, the price of $4.728 is up 7.4 cents from the day before.
In both states, those prices are all-time highs.
Nationally, average prices rose "only" 4.4 cents overnight, meaning that the surge is even worse here than it is across most of the country.
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Drivers need little reminder of how bad things have gotten, and fast -- in both New York and New Jersey, gas prices are up 5% in the last week and about 17% in the last month.
To put that in context, consider this math:
- The average New Jersey driver racks up 12,263 miles a year, per the Federal Highway Administration, and the average New York driver goes about 10,167 miles.
- Cars these days average about 25.7 miles per gallon, per the Department of Energy.
- At those figures, and versus pump prices just a month ago, fuel now costs an incremental $326.38 a year in New Jersey and $270.59 in New York, just to keep the same car going the same distance.
