Gas Prices Heading for a Drop?
Sacramento, July 14- Average retail gasoline prices in Sacramento have fallen 3.7 cents per gallon in the past week, averaging $3.99/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento. This compares with the national average that has fallen 3.7 cents per gallon in the last week to $3.61/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Sacramento during the past week, prices yesterday were 12.0 cents per gallon higher than the same day one year ago and are 0.6 cents per gallon lower than a month ago. The national average has decreased 4.3 cents per gallon during the last month and stands unchanged compared to this day one year ago.
"The last two weeks have seen some large drops in oil prices and gasoline spot prices- a very exciting thing to see in the middle of the summer driving season," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.
"Motorists have some nice relief coming at the pump to look forward to in the next week to two as these drops make it to retail outlets. Over the next week, the national average will fall back under $3.50/gal- something we haven't seen since April, and will also drop under last year's average in the next few days. There is also the possibility for further declines if we don't see a hurricane or geopolitical tensions ruin things. I'd caution motorists as we expect these large decreases to only buy the amount of gasoline they immediately need as prices drop, and to shop around as price gaps between stations widen because of the quick decrease in wholesale gas price. Some stations will be buying the cheaper gasoline and passing on savings faster, leading to a wide array of gas prices," DeHaan said.
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.
Pet Care | Real Estate | Restaurants | Tech | View All | * Add/Upgrade Business
Placer County News HeadlinesRocklin Burglary Suspect Killed by PoliceRocklin, CA- This morning February 25th, 2017 at 10:01 AM, The Rocklin Police Department responded to a residential burglary in progress on the 4900 block of Bradford Place
Roseville Police Activity Weekly Update (2.23.17)The City of Roseville police activity weekly update for the period covering February 17-23, 2017
Fine Forgiveness at Sacramento Public LibrarySacramento Public Library is waiving all overdue book and material fines through Wednesday, March 15 as part of its new Fine Forgiveness promotion
Public Meeting: Sierra Joint Consortium for Adult Education(AUBURN, CA) The public is invited to attend the Sierra Joint Consortium for Adult Education (SJCAE) public meeting on March 15, 2017,
Seniors First Represents Capital Region in National Campaign(Auburn, CA) - Surprisingly to some, individuals age 60 and older in our area continue to experience an increasing rate of hunger.
20 Year Upgrade Project for Northstar Ski ResortAUBURN, Calif. -- The Placer County Board of Supervisors on Tuesday approved a series of actions to guide upgrades and improvements to the Northstar California ski resort
Real Estate Watch: Home Seller's Market Roseville, CA - Realtor, Julie Jalone of MagnumOne Realty in Roseville, is asking why more homeowners are not taking advantage the current seller's market being caused by high buyer demand and low inventory of home for sale.
Top 5 Healthy Heart Habits : A Dose of Vitamin Ray with Dr. RayDid you know, heart disease is still the leading cause of death in both men and women in the United States? In fact, per The American Heart Association
Autism Studies: Placenta Provides Time Capsule(Sacramento, Calif) - In two recent studies, researchers at UC Davis have shown that placental tissue can provide critical information about the epigenetic
Winners of American History Essay Contest honored in RosevilleRoseville, CA - Congratulations to winners of the American History Essay contest sponsored by Roseville's Gold Trail Chapter
Placer SPCA Announces 2017 Board of DirectorsRoseville, CA - The Placer SPCA has announced the election of its 2017 Officers for the Board of Directors.
Hyundai Veloster: Unconventional compact hatchbackRoseville, CA- The first thing one notices about the Hyundai Veloster is the odd door arrangement. It's an ingenious idea, putting two doors on the passenger side of this compact hatchback
NEWS: In Case You Missed It