Sacramento-area gas prices retreat after new-year uptick

Published: Monday, Jan. 13, 2014 - 1:26 pm

After climbing more than 7 cents per gallon to start the new year, Sacramento-area gas prices has retreated a bit.

The average retail price of gas in the area fell 3.9 cents to $3.49 per gallon over the past week, according to the latest weekly report by GasBuddy.com, which surveys 720 local gas outlets.

The average area price is now a penny per gallon higher than it was a year ago and 5.4 cents higher than a month ago. Nationally, the average retail price of gas was virtually unchanged from the previous week, at $3.29 a gallon – up 6.8 cents from last month and 3.4 cents higher than one year ago.

Patrick DeHaan, senior petroleum analyst for GasBuddy, said the national average price was being held in check by severe winter conditions in many states, where road travel been relatively light.

“Due to the slow demand that January and February typically see, it’d really take a monumental ice breaker to crack the grip that holds the national average in place,” DeHaan said.


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

Read more articles by Mark Glover





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