Jersey brand

Up 22¢ in 36 hours, South Jersey quickly faces $5 gas

I’m starting to run out of four-letter words to use every time I pass a gas station in New Jersey.

It’s almost to the point where you blink and miss the price hike.

For example, I went to work Thursday morning and at a gas station, regular unleaded was $4,739. And if you looked closely, one or two seats were still $4,699. (a good deal).

About eight hours later, as I was driving home, gas at that same station had gone up to $4,879.

Holy shit– well, you know what I mean.

On Friday morning, gasoline was still at $4.879.

Eight hours later, as I was driving home, that same gas station was at $4,959.

That’s an increase of 22 cents in about 36 hours.

Holy shit– well you know. Very good.

Now I know there are all sorts of factors at play here. Gas/oil is a commodity and prices go up and down. There is supply and demand. Oh, and the war on the other side of the planet took all Russian oil off the table. We haven’t built a new refinery in this country for decades. There are huge trucks full of money earned by huge oil companies. We have incompetent politicians who talk about helping the average Joe but they do nothing (how about instead of talking about temporarily suspending the gas tax in New Jersey, one of our self-centered elected officials actually for this to happen?). Build the pipeline. Don’t build the pipeline. Drive an electric car. Hell, I’m ready to buy a horse at this point. I’ll gallop to work every day if I need to.

Gasoline prices on January 13, 2021 in Egg Harbor Township – Photo: Chris Coleman

Gasoline prices on January 13, 2021 in Egg Harbor Township – Photo: Chris Coleman

And keep that in mind – we’re all wondering when gasoline will hit $5/gallon in New Jersey (I mean, widespread – I know many places are already at that level). When it does, it won’t stop there. Nothing happens to stop it there.

And God help us if there’s a hurricane in the Gulf of Mexico this summer and it disrupts things even more.

Gasoline prices of $1.49 in Turnersville, Gloucester County in 2016 / Photo: Townsquare Media

Gasoline prices of $1.49 in Turnersville, Gloucester County in 2016 / Photo: Townsquare Media

I’m not an alarmist here, I’m just thinking out loud – we’re down to $5. $6 and $7 are the next stops on the train.

How much longer can this last? That $5 mark is pretty scary. $6 and $7 are terrifying. When the average person who can barely make ends meet in this state has to drop a hundred dollars or more at the gas pump just to get to work and their rent has already gone up 20 or 30 percent, something must give.

There is an old saying, “this too will pass”. Hopefully that happens soon enough. In the meantime, hold your breath, New Jersey, because we’re going to have one hell of a ride (which we can’t afford gas for).

WATCH: See how much gas it cost the year you started driving

To learn more about how gas prices have changed over the years, Stacker calculated the cost of a gallon of gas for each of the past 84 years. Using data from the Bureau of Labor Statistics (released April 2020), we analyzed the average price of a gallon of regular unleaded gasoline from 1976 to 2020 along with the consumer price index (CPI ) for regular unleaded gasoline from 1937 to 1976, including absolute and inflation-adjusted prices for each year.

Read on to explore the cost of gas over time and rediscover how much a gallon cost when you first started driving.