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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

Rocklin Charts Course for Defunct Sunset Whitney Golf Space The Rocklin City Council is scheduled to consider an opportunity proposed for the former Sunset Whitney Golf Course land at the March 28 Council Meeting.

Spring Eggstravaganza April 15-16 at Fairytale TownSacramento, Calif. - Celebrate spring with egg hunts, puppet shows, hands-on activities and more at Fairytale Town's annual Spring Eggstravaganza

Gardens of the Hills Fundraiser Tour and Crafts FairEl Dorado Hills, CA - The Assistance League of Sierra Foothills presents their 8th annual Gardens of the Hills Fundraiser Tour and Crafts Fair

Carmel Valley: Land of Honey, Wine & ArtCarmel Valley, CA- Just a short scenic drive inland from Carmel-by-the-Sea lies a delightful little village tucked in the hills that sometimes and undeservedly gets overlooked by travelers in favor of its more popular coastal neighbors.

Roseville Moose Lodge Charity Golf Tournament May 20thRoseville, CA- The Roseville Moose Lodge will be holding its second annual charity golf tournament Saturday, May 20 at Whitney Oaks Golf Club in Rocklin

Sutter Auburn Faith Hospital Foundation welcomes new president and board memberAuburn - Sutter Auburn Faith Hospital Foundation announces the appointment of a new board president, Robert Frew and board member, Suzi deFosset.

Lincoln MKZ: Luxury sedan has lots to offerRoseville, CA- We test drove the 2017 Lincoln MKZ recently for a week and came away impressed.

Corky's Corner: Golden Age Mic Pre 73 ReviewRoseville, CA- If you have a budget or bedroom studio and you are looking for a Neve type Pre amp look no further. The Golden Age Pre is for you.

Roseville Gas Prices Cool as Warmer Temps Move InRoseville, CA- Gas prices in Roseville experienced a slight dip this past week. That's good news as the forecast shows warmer spring weather finally returning to Northern California

American Sign Language Bicentennial Celebration at WJUROCKLIN, Calif., - William Jessup University's American Sign Language (ASL) club will host "ASL Day for All" on Saturday, April 8 at 9:30 a.m. at the growing university

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.


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