Sacramento-area motorists were treated to stable gas prices over the Thanksgiving holiday.
The average retail price of gasoline in the Sacramento area rose just 0.4 cents over the past week to $3.43 a gallon, according to a weekly report by GasBuddy.com, which surveys 720 local gas outlets.
Prices are 7.3 cents per gallon lower than a year ago and 10.8 cents lower than a month ago.
Nationally, the average retail price of gas fell 1.4 cents over the week to $3.25 a gallon. That’s down 1.3 cents from last month and 14.2 cents lower than a year ago.
“With Thanksgiving behind us, it appears that a nominal decline in retail gasoline prices will ring in the first week of December for most parts of the country,” said Gregg Laskoski, senior petroleum analyst for GasBuddy. “With the government’s report of healthy fuel inventories and U.S. refinery output reaching its highest level since early October, the savings at the pump are coming just in time.”
Call The Bee’s Mark Glover, (916) 321-1184.