Gas Prices Under $3 Gallon Coming Soon?
Sacramento, - Average retail gasoline prices in Sacramento have fallen 3.4 cents per gallon in the past week, averaging $3.79/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento. This compares with the national average that has fallen 2.0 cents per gallon in the last week to $3.45/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Sacramento during the past week, prices yesterday were 8.7 cents per gallon higher than the same day one year ago and are 16.3 cents per gallon lower than a month ago. The national average has decreased 13.2 cents per gallon during the last month and stands 8.5 cents per gallon lower than this day one year ago.
"The national average has now dropped to its lowest level since February, and with the end of the summer driving season nearing, we'll likely see gas prices continuing the downward trend," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Oil prices last week dropped to $95/bbl briefly before rising the next day back to $97/bbl, but the important factor is that prices remain under triple digits.
For motorists, we're nearing the point that gasoline demand drops- after Labor Day- and also the upcoming switch back to cheaper winter gasoline will also put downward pressure on prices in mid-September. While a short term increase in gasoline prices is never out of the question, as we grow nearer to September, the likelihood of a spike decreases.
It won't be long before we'll start to see a few cities seeing averages under $3/gal: areas of Tennessee and South Carolina are already getting close," 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 HeadlinesGreat Eldorado BBQ, Brews and Blues FestivalRENO, NV - Fire up the grills, tap the kegs and crank up the tunes for Reno's best summer kick-off party. The Eldorado Resort Casino is pleased to announce the Spin Doctors and Vanilla Ice will headline
William Jessup University Announces Largest Graduating ClassROCKLIN, CA., - William Jessup University, the first WASC accredited private, four-year residential Christian university in the greater Sacramento region will celebrate its 77th annual
Sonoma County Outdoor Recreation Month in May SONOMA COUNTY, CALIFORNIA - Celebrate one of California's most diverse natural destinations as Sonoma County announces its inaugural Outdoor Recreation Month in May
Monophonics Sure is Funky at TerrapinSan Rafael,CA- As the mercury pushed into the 70's this past Friday, music fans began slowly dancing their way toward Terrapin Crossroads in San Rafael.
Storms Bring Good News for Water SupplyAUBURN, Calif. - Despite a dry start to 2018, storms in late March and early April have produced above-average precipitation in the watersheds that source Placer County Water Agency's
PCF Awards $18,000 in Grants to Promote Civil Discourse(Auburn, Calif.) - Open dialogue and communication are key elements in maintaining a healthy, connected community. To encourage debate, Placer Community Foundation
Dog Abandoned in Roseville under Inhumane CircumstancesRoseville, Calif. - A dog was found abandoned in a corner of the Atlantic Street Pet Emergency Center parking lot under terribly inhumane circumstances
Sun City Roseville Harmonicoots 2018 JamboreeRoseville, CA- This year, the Harmonicoots will honor all women harmonica players throughout the world at their Jamboree-scheduled for Thursday, May 8, 2018
Roseville Gas Prices Hold Steady Past Week Roseville, CA,- Roseville gas prices were relatively flat this past week, but remain at levels pushing near 2014 levels at some locations
Successful Transitions for Young Adults with Neurodevelopmental DisordersSacramento, CA- For many people with disabilities, the excitement of life after high school is accompanied by challenges with finding and receiving the services and supports
Passport Weekend Spectacular Fun in Fair PlayFair Play, CA- California is always full of surprise. This weekend marked our return to El Dorado Wines Passport Weekend.
Growing Weed in Placer County? Rules and ComplianceAuburn, CA - With Placer County's cannabis ordinance now in effect for over a year, county staff will host three drop-in meetings in May to answer questions about rules for cannabis cultivation
NEWS: In Case You Missed It