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Surging Gas Prices Hurting Consumers


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Sacramento, April 21-  Average retail gasoline prices in Sacramento have risen 7.3 cents per gallon in the past week, averaging $4.03/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento. This compares with the national average that has increased 2.3 cents per gallon in the last week to $3.62/g, according to gasoline price website GasBuddy.com.
 
Including the change in gas prices in Sacramento during the past week, prices yesterday were 21.6 cents per gallon higher than the same day one year ago and are 22.5 cents per gallon higher than a month ago. The national average has increased 11.9 cents per gallon during the last month and stands 12.1 cents per gallon higher than this day one year ago.
 
"The national average now stands at its highest level since last August," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "The advance in prices has continued, with the worst jumps in areas of California, and southern states, where prices have increased anywhere from 15 to 30 cents per gallon in some cases. The increases will likely continue to persist, at worst for another month or so, but at best, we could see some relief arrive as soon as May rolls in," DeHaan said.
 
About GasBuddy
 
GasBuddy operates SactoGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.





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