Heading into the Independence Day weekend, Sacramento-area motorists
are actually catching a break at the gas pumps.
The average retail price of gasoline in the Sacramento area fell 6.3 cents over the past week to $3.81 a gallon, according to today's weekly report by national price tracker GasBuddy.com, which surveys 720 stations in the area.
According to the GasBuddy survey, Sacramento prices are 17.3 cents higher than a year ago but 7.1 cents lower than a month ago.
Nationally, the average price of gas fell 5.7 cents over the past week to $3.50 a gallon -- 12.9 cents higher than a year ago and down 13.6 cents from last month.
"After an impressive surge abated several weeks ago, we're seeing gasoline prices decline nicely," said Patrick DeHaan, senior petroleum analyst for GasBuddy. "The national average is likely to continue its decline this week as retail prices catch up to the decrease in wholesale gasoline prices."
(c)2013 The Sacramento Bee (Sacramento, Calif.)
Visit The Sacramento Bee (Sacramento, Calif.) at www.sacbee.com
Distributed by MCT Information Services
Most Popular Stories
- Boehner Lashes Out Against Ted Cruz, Far Right
- TFA Recruiting DACA Recipients
- Bitcoin or Bad Coin? Warnings Mount Against Virtual Currency
- Cheap Gas Drives Down U.S. Wholesale Prices Again
- Expanding Medicaid Creates Jobs: Study
- Robert Levinson Was on CIA Mission
- Producer Price Index Dropped in November
- Beyonce Releases New Album With No Marketing
- Hawaii Official Who Release Obama Certificate Only Victim of Plane Crash
- 'Dreamers' Hope for Permanent Immigration Status