Following a mid-month spike of about 15 cents a gallon, Sacramento-area motorists caught a little bit of a break at gasoline pumps last week.
The average retail price of gasoline in the area fell 4.4 cents, to $3.90 a gallon, over the past week, according to the latest weekly report by national price tracker GasBuddy.com, which surveys 720 stations in the area.
Area prices are still 15.2 cents lower than one year ago but 24 cents per gallon higher than a month ago.
Nationally, the average price of gas declined 4.5 cents over the past week to $3.49 a gallon – 32.1 cents below a year ago and down 7.3 cents from last month.
“Gasoline prices continue to move lower nationally as we’ve now officially moved into fall,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “Looking forward, we’re likely to see additional relief at pumps in the months ahead, and it's quite possible that by the time we’re observing Thanksgiving that gasoline prices will be 20 or more cents per gallon lower.
Call The Bee’s Mark Glover, (916) 321-1184