Sacramento-area gas prices fall another penny over past week

Published: Monday, Jan. 27, 2014 - 11:14 am
Last Modified: Monday, Jan. 27, 2014 - 11:22 am

Sacramento-area gas prices, which have been mostly in retreat since the start of the new year, fell about a penny over the past week, according to gas price tracker, which surveys 720 gas outlets in the area.

GasBuddy said the average retail price of gas in the area is $3.40 a gallon. Over the past three weeks, the average price has fallen nearly 12 cents a gallon.

Sacramento-area prices are now 12.4 cents per gallon lower than they were one year ago and 9.5 cents lower than a month ago.

Nationally, the average retail price of gas was unchanged from the previous week, at $3.27 a gallon. That’s 1.6 cents per gallon lower than last month and 4.4 cents below the year-ago average price.

Analysts are predicting stable prices over the coming week but warning of likely increases beginning in February as refineries gear up to produce pricier spring-summer blends of gasoline.

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

Read more articles by Mark Glover

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