The average retail price of gasoline in the Sacramento-area fell below $4 a gallon over the past week, the first time it has been below that threshold since mid-April.
National gas price tracker GasBuddy.com, which surveys more than 700 regional gas outlets daily, said the average price dropped about a penny over the past week to settle in at $3.99 a gallon.
The current average is 14.4 cents higher than a year ago but 9.1 cents lower than last month.
Nationally, the average pump price also fell about a penny over the past week to $3.63 a gallon, nearly matching the average price of last month and last year.
Patrick DeHaan, senior petroleum analyst for GasBuddy, said in a statement that he couldn’t “recall the last time that the national average...was the same yesterday, a week ago, a month ago and also a year ago.” He said think it’s possible “that we just won’t see any sort of major summer decline like we have the last few years.”
Call The Bee’s Mark Glover, (916) 321-1184.