For every penny gasoline is cheaper, Art Wolf estimates he saves about $200 a year at his Cape May County taxi business. In South Jersey on Tuesday, gas was nearly 23 cents cheaper than one month ago, with one analyst predicting gasoline could reach the $3-per-gallon mark in New Jersey this winter.
Good news for cash-strapped motorists: Gasoline prices are dropping, and consumers could see prices fall to near $3 a gallon before Thanksgiving.
Extreme heat can wreak havoc on cars. The higher ambient temperatures during a heat wave can stress batteries and electrical and cooling systems to the breaking point, according to automotive experts.
