Sacramento gas prices fall for third straight week
Gas prices in the Sacramento area fell for the third week in a row, steadied by stable supplies, lower wholesale fuel costs and below-$50-a-barrel crude oil.
The average price of gas in the region fell 7.8 cents over the past week to $3.06 a gallon, according to national gas price tracker GasBuddy.com’s weekly report released Monday. Over the past three weeks, the average price has dropped about 23 cents, coming on the heels of a nearly $1 spike the previous five weeks before that.
The current regional price is nearly 6 cents lower than it was one month ago and 79.3 cents below the year-ago average.
“One thing seems constant in this world aside from death and taxes, and that’s gas price fluctuations,” said Patrick DeHaan, GasBuddy senior petroleum analyst. He added that “there still could be some unexpected surprises at the pump in the weeks ahead.”
The national average price of $2.43 a gallon has been virtually unchanged over the past two weeks. It’s up 3 cents from last month but $1.12.6 less than one year ago.
Call The Bee’s Mark Glover, (916) 321-1184.
This story was originally published March 30, 2015 at 9:45 AM with the headline "Sacramento gas prices fall for third straight week."