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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

PCWA Customers Curb Water Use 34 PercentDrought Watch: Since June of this year, PCWA customers have decreased water use by 34 percent in comparison to base year 2013.

Roseville Area Events Calendar for October 3, 2015Roseville, CA - Bright sunshine and warm temps make for ideal conditions as the fall events season kicks into full swing in Roseville and beyond.

Placer County Child Support Services Recognized for ImprovementsThe Placer County Department of Child Support Services has received the 2015 Most Improved Child Support Program Award

Free Hazardous Waste Drop Off in AuburnPLACER COUNTY, Calif. - The Western Placer Waste Management Authority's annual household hazardous waste collection event will be held Saturday and Sunday

Repeat DUI's Targeted with Ignition Interlock ProgramOn Monday, Governor Jerry Brown signed into law SB 61, adding another 18 months to a four-county ignition interlock pilot program

California Fire Updates Summary (10-2-15)Nearly 1,000 firefighters are battling 7 large fires. In Northern California, an area of low pressure is moving throughout the area today with light showers

Lincoln Salmon Festival Celebration October 3rdLincoln, CA - The Wildlife Heritage Foundation (WHF) is gearing up for the sixth annual Salmon Celebration to bring awareness to the migrating salmon population

Roseville Coffee Wars: Dunkin Donuts and Dutch Bros. ExpandingRoseville, CA - Coffee is big business and Roseville is at center stage in South Placer County as the coffee giants battle it out to serve up their high-priced specialty brews.

151,000 Acres Scarred: Rough Fire GrowsCalifornia Fire Updates 2015: In Northern California, an area of low pressure is moving slowly into the area today with light showers expected and cooler temperatures

Seniors First Awarded Grant from Wells FargoSeniors First was recently awarded $10,000 grant from Wells Fargo Bank which will help to continue funding of Seniors First's eight Senior Cafes

Salmon Celebration Festival in Lincoln October 3rdLincoln, CA - The Wildlife Heritage Foundation (WHF) is gearing up for the sixth annual Salmon Celebration

Free Healthy Aging Program Presentations in OctoberIn a series of four Saturday morning sessions at UC Davis School of Medicine, attendees will learn the latest from physicians and other experts about aging and medical science.

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