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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.

SEE LOWEST GAS PRICES IN SAC

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.
 
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

WJU names Lance Von Vogt as New Athletic DirectorROCKLIN, CA - William Jessup University, the Sacramento area's only residential four-year private university, announced today that Lance Von Vogt has been named Athletic Director.

BerryFest 2016 in Roseville this WeekendRoseville, CA- Come and celebrate the harvest of the strawberry on Mother's Day this weekend May 7 & 8 in Roseville at the Fairgrounds.

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4 Arrrested in South Sac Triple HomicideSacramento County Sheriff’s Department Homicide Detectives have made four arrests in connection to the recent murder of three family members in South Sacramento.

Five Steps to Sell Your HomeRealtor, Julie Jalone of MagnumOne Realty in Roseville, gives five proven tips to help homeowners prepare their homes to be sold.

Supervisors Look to Next Year's Budget ChallengesAuburn, CA- Ahead of the county's submission June 7 of a draft budget for the next fiscal year, the board of supervisors considered expected funding needs and challenges.

PCWA Raises Credit Rating, Refinances DebtAUBURN, Calif. - The Placer County Water Agency (PCWA) announced that it has completed the refinancing of approximately $26 million of its debt.

PlacerGROWN Farmers' Markets Opening for Summer SeasonRoseville, CA- Four seasonal PlacerGROWN Farmers' Markets are opening for the 2016 summer season, providing a plethora of produce options for residents of Placer County

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Chrysler 200: Improved and solid midsize sedanRoseville, CA- Looking to make a move upward and become more of a challenger to its competitors, the folks at Chrysler completely redesigned the Chrysler 200

Roseville Gas Prices Up and DownRoseville, CA- Gas prices in Roseville and the region have trended upward this past week. However, at some of low price leaders in Roseville


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