New Jersey Average Gas Price Soars 21 Cents Amid Iran Conflict

VOORHEES, N.J. (March 5, 2026) - The national average for a gallon of regular gasoline jumped nearly 27 cents since last week to $3.25. The conflict in the Middle East has sent crude oil prices higher to the mid $70/barrel range. The recent increase puts the national average at the same price as it was in early April of 2025. Springtime typically sees higher gas prices as gasoline demand rises and summer-blend gasoline production begins. The last time the national average made a similar weekly jump was back in March of 2022 during the start of the Russia/Ukraine conflict.

Today’s National Average: $3.251
One Week Ago: $2.983
One Month Ago: $2.891
One Year Ago: $3.107

In New Jersey, the average gas price has risen 21 cents over the past week, and is up 27 cents over the past month. Among all states, the Garden State ranks 34^th in largest price jump over the last week. 

Sussex County in North Jersey currently has the cheapest average price at the pump at $3.07, but South Jersey largely is seeing cheaper prices than North Jersey. Click here to view a statewide breakdown.

According to new data from the Energy Information Administration (EIA), gasoline demand decreased last week from 8.73 million b/d to 8.29 million. Total domestic gasoline supply decreased from 254.8 million barrels to 253.1 million. Gasoline production increased last week, averaging 9.3 million barrels per day.

Oil Market Dynamics

At the close of Wednesday’s formal trading session, WTI rose 10 cents to settle at $74.66 a barrel. The EIA reports crude oil inventories increased by 3.5 million barrels from the previous week. At 439.3 million barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year.

EV Charging

The national average per kilowatt hour of electricity at a public EV charging station stayed the same at 39 cents.

State Stats

Gas

The nation’s top 10 most expensive gasoline markets are California ($4.81), Washington ($4.44), Hawaii ($4.43), Oregon ($4.04), Nevada ($3.87), Alaska ($3.72), Arizona ($3.58), Illinois ($3.36), Pennsylvania ($3.35), and Michigan ($3.27).

The nation's top 10 least expensive gasoline markets are Oklahoma ($2.79), Mississippi ($2.81), Kansas ($2.83), Tennessee ($2.84), Texas ($2.87), Arkansas ($2.90), Louisiana ($2.90), Wyoming ($2.90), North Dakota ($2.91), and Missouri ($2.92).

Electric

The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (52 cents), Hawaii (50 cents), Alaska (48 cents), Louisiana (47 cents), South Carolina (44 cents), New Hampshire (44 cents), New Jersey (43 cents), California (42 cents), Idaho (42 cents), and Tennessee (41 cents).

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (25 cents), Wyoming (27 cents), Missouri (28 cents), Nebraska (30 cents), Utah (31 cents), Iowa (32 cents), Vermont (32 cents), Maryland (33 cents), New Mexico (33 cents), and Colorado (34 cents).

Drivers can find current gas and electric charging prices along their route using the AAA TripTik Travel planner.