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20 Percent Drop in Gas Prices Coming Soon?

If you're seeing a pleasant decrease in the price at the pump you're not imagining things.

The U.S. average retail price of gasoline has fallen below $3.60/gal for the first time since April 10, 2014. Prices have been on an 18 consecutive day streak where the current price was less than the price from the previous day, and it's the highest number of consecutive down days since the period between April 4, 2013 and April 19, 2013, when prices fell 11.8cts/ gal from $3.63 to $3.52. The U.S. average, now $3.59/gal., has dropped by 5 cents in the past week.

"West Texas Intermediate crude, the benchmark for the U.S., traded below $100 per barrel today for the first time since April, reflecting a slow but steady decline in recent weeks," said Patrick DeHaan, senior petroleum analyst for GasBuddy. "Over the same period, we've seen wholesale crude prices across the country slip dramatically. West Coast wholesale prices have fallen by more than 35 cents per gallon since the beginning of the month, and across the rest of the country wholesale prices have fallen by 15 to 20 cents per gallon."

"We're confident that in coming weeks we'll see retail prices catch up to the wholesale losses. West Coast consumers will likely see their retail prices slide from 15 to 25 cents per gallon over the next two weeks, and across the rest of the country we can expect prices at the pump to shed from 10 to 20 cents per gallon," DeHaan said.

Placer County News Headlines

Roseville Flash Crime Report (12.1.15)Roseville, CA- Crime flash report in Roseville, California for December 1, 2015.

Selling Your Home: Why reduce the price?Roseville, CA- Realtor, Julie Jalone of MagnumOne Realty in Roseville, provides six reasons why someone selling their home may want to consider a price reduction.

Rocklin Behavioral Health Hospital Hearing RescheduledRocklin, CA - The City of Rocklin Planning Commission public hearing to consider the Northern California Behavioral Health Hospital has been moved

Beast of the West Wrestling Tournament in RocklinRocklin, CA- Every wrestler dreams of letting their inner beast shine and that is exactly what youth wrestlers ages 5 to 16 will get the opportunity to do at the Beast of the West Tournament

Rocklin Christmas Tree Lighting: Now and ThenRocklin Kiwanis and the City of Rocklin will kick off Rocklin's annual Christmas Tree Lighting ceremony on Saturday, December 5, at 4 pm in Heritage Park

Rocklin Crime Report Digest Update (11-30-15)Rocklin, CA- Rocklin's latest crime report update digest for the period covering November 16- 22, 2015.

Roseville Police Join Search to Capture Suspect Following CrashRoseville, CA- After an extensive search involving officers from the Roseville Police Department, Placer County Sheriff's Office, and the California Highway Patrol, Caleb Bodine, 23, from Sacramento was arrested.

Honda Accord: Benchmark for family sedansRoseville, CA- For overall value, nothing has essentially changed with the 2016 Honda Accord. It still delivers reliability, performance, comfort

Deadliest Catch Producer in Auburn December 11thAuburn, CA- The Rooster Tails Fishing Club is kicking-off the forthcoming holiday season with a special Sunday-style Brunch & Awards Breakfast at the Auburn Elks Lodge on December 11.

Roseville Public Libraries to Benefit from Book SaleRoseville, CA- The Friends of the Roseville Public Library will host its final secondhand book sale of 2015 on Saturday, Dec. 5, from 9 a.m. to 3 p.m.

NY Reader Has Life Beyond MS A column I wrote weeks ago about the Service Dog Project (and its Great Danes) prompted responses from two Niagara-Wheatfield (NY) Tribune readers

Roseville Flash Crime Report (11.25.15)Roseville, CA- Crime flash report for Roseville, November 25, 2015.

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