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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.

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.





Placer County News Headlines

Chicago the TRIBUTE to play Opera House Saloon in Roseville(ROSEVILLE, CA) - Chicago the TRIBUTE, a 9-piece tribute to the band with the horns and hits will be playing the Opera House Saloon Roseville on Thursday, March 30

Roseville Criminal Activity Heats UpRoseville, CA- As the weather heats up, so does Roseville criminal activity. The Roseville police log digest update for the ten-day period covering March 10-20, 2017.

Free STD and STI Testing and Treatment in Roseville(Roseville, CA) - Sierra Pregnancy & Health (SPH) announced they have begun offering free testing and treatment for STD/STIs, including gonorrhea and chlamydia

Placer County Government Center ProposalAUBURN, Calif. -- After considerable analysis, stakeholder engagement, design and planning, the Placer County Board of Supervisors were presented a plan for a re-envisioned Placer County Government

Ghost in the Shell coming to IMAXGhost in the Shell: An IMAX 3D Experience opens at the Esquire IMAX Theatre on March 30 at 7:00 p.m

Auburn Art Walk begins April 7The Auburn Art Walk will take place on the first Friday of April, June, August and October 2017, from 6 pm to 9 pm

Achieve Tahoe to Host Ability Challenge Fundraiser at Squaw ValleyAlpine Meadows, CA - Achieve Tahoe, a leading provider of winter and summer adaptive sports instruction at all ability levels for adults and children with disabilities

Guys and Dolls at William Jessup University in AprilROCKLIN, CA. - William Jessup University's Creative Arts department presents Guys and Dolls for six weekend performances, starting April 7-8-9.

Prenatal Health Services to begin at Auburn Health CenterAUBURN, CA - Chapa-De Indian Health is proud to announce that its Auburn Health Center will begin providing prenatal health services to patients starting this week.

Roseville Skatetown to Host Curling BonspielRoseville, CA -Brand New Barrel Bonspiel Brings 16 California Curling Teams to Roseville on March 24-26.

Placer Valley Tourism to operate Placer County FairgroundsAUBURN, Calif. -- The Placer County Board of Supervisors today approved Placer Valley Tourism, a private nonprofit organization, as the new operator of the Placer County Fairgrounds

Roseville Gas Price Competition StiffensRoseville, CA - Competition has stiffened as Roseville gas prices were mostly flat during this past week.


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