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Area gas prices fell last week to $4.07

Published: Tuesday, Mar. 5, 2013 - 12:00 am | Page 6B
Last Modified: Tuesday, Mar. 5, 2013 - 8:23 am

Gas prices remain high, but local motorists caught a bit of a break over the past week.

The average price of gasoline in the area actually declined almost a penny to $4.07 a gallon, according to national gas price tracker GasBuddy.com's weekly report.

That's 29.3 cents higher than one month ago, but 17.5 cents lower than at this time last year, when prices soared to above $4.20 a gallon amid refinery disruptions.

Nationally, GasBuddy said the average price of gas fell 2.8 cents over the past week to $3.70 – up 21.6 cents from a month ago but 0.7 cents lower than last year.

"The national average will likely continue to decline in most areas east of the Rockies in the week ahead as wholesale gasoline prices have given up ground," said Patrick DeHaan, senior petroleum analyst for GasBuddy.

Call The Bee's Mark Glover, (916) 321-1184.

© Copyright The Sacramento Bee. All rights reserved.

Read more articles by Mark Glover



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