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 HeadlinesKaiser Permanente Roseville Honors Fallen for Memorial DayKaiser Permanente Roseville Medical Center held a special ceremony yesterday honoring the memories of all who have died on behalf of our country
Raley's and iFoster Launch Foster Youth Hiring Program iFoster has partnered with Raley's Family of Fine Stores to develop a new hiring program for foster youth.
Auburn Non-Profit Above All Adventures Utilizes IndiegogoIn Placer County, 13 is the average age for first time alcohol and illegal prescription use, and binge drinking increases threefold between 9th and 11th graders
5 Skills Adolescents Need for a Successful and Satisfying Life"During the physical, emotional and intellectual explosions of the adolescent years, it's critical that teenagers develop a belief in their own ability to succeed
Kidney Cancer Secrets Revealed?An international team of scientists, led by UC Davis nephrologist Robert Weiss, have used a sophisticated combination of proteomics and metabolomics to show how
Autism Speaks Walk at River Cats StadiumWalk Now for Autism Speaks takes place at River Cats Stadium on May 31, 2015. ( via ATOU Cares.org)
Lacrosse Recruiting Showcase in Roseville May 29-31Rocklin, CA - Swashbuckler Lacrosse is thrilled to announce their first ever Laxapalooza Recruiting Showcase that will take place at Maidu Park in Roseville
Ryan Davis to join Sierra College as VP of Human ResourcesRocklin, CA- - At their May Board Meeting the Sierra College Board of Trustees approved the hiring of Ryan Davis
Women Warriors Through History in RocklinA new photo art exhibit graces the hallway on the second floor of the Sierra College Rocklin Campus
Despite Drought, Middle Fork Project Covers CostsDrought Watch: The Middle Fork Project, a system of dams, reservoirs and electrical generation facilities in eastern Placer County, continues to hum along
Pharmacies Robbed as Police Seek SuspectThe Placer County Sheriff's Office is asking for the public's help in identifying a man suspected of robbing pharmacies
J Beverly Hills Stylist at True Image Salon in Roseville May 22-23Famed J Beverly Hills colour creator and celebrity stylist Max Eli will be visiting True Image Salon and Spa on May 22-23
NEWS: In Case You Missed It