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The simple answer is that crude oil is only the raw material. Turning that crude into gasoline or diesel—and getting it from an oil field to your neighborhood station—requires several more steps. And every step adds to the final price.
So what’s driving fuel prices higher right now? It’s usually not one thing. It’s a combo punch — and at the moment it’s two punches at the same time.
When cash and credit are the same price, what that usually means is there’s no cash discount. You’re paying the credit price either way.
Imagine Santa has no reindeer and instead drives a diesel-powered delivery van — like an ultra-festive Mercedes-Benz Sprinter or similar cargo diesel. How much fuel would this jolly journey burn, and what would it cost if he topped up in New Jersey before setting off?
Starting January 1, 2026, the New Jersey Department of the Treasury will raise the state-level gas tax by 4.2 cents per gallon. This will bring the total state tax to 49.1 cents per gallon for gasoline and 56.1 cents per gallon for diesel fuel.
As fall routines settle in across the country, Americans are beginning to notice some relief at the pump. According to AAA, the national average for regular gasoline is holding around $3.19 per gallon, dipping slightly as demand decreases after the busy summer driving season. With crude oil supplies still abundant, analysts expect prices to soften further in the weeks ahead.
