NJ gas prices remain high, possible spot shortages loom

Prices probably won’t ease that much this summer — with oil cartel OPEC and other major producers quarreling over production, analysts predict

NJ gasoline prices — now at a seven-year high — show no signs of easing over the coming months. That’s apparently causing some businesses to pull back on travel, even as the economy strives to recover from the pandemic. While overall gas supplies look stable, depending on how much crude OPEC decides to produce this year, analysts do predict some pumps could go dry temporarily in less centrally located areas. The reason? Labor shortages — like a lack of gas truck drivers who deliver fuel to service stations.

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