Business & Real Estate

Sacramento gas prices fall below $2.80; in some states, it’s $1.99

In this Friday, Dec. 12, 2014 photo, Quick Trip clerk Roxana Valverde adjusts the gas price sign numbers at a Tolleson, Ariz. QT convenience store as gas prices continue to tumble nationwide.
In this Friday, Dec. 12, 2014 photo, Quick Trip clerk Roxana Valverde adjusts the gas price sign numbers at a Tolleson, Ariz. QT convenience store as gas prices continue to tumble nationwide. AP

The average retail price of gasoline in the Sacramento area has dipped below the $2.80-a-gallon threshold.

At-the-pump costs in the area fell another 6.7 cents over the past week to $2.79 per gallon, according to national gas price tracker GasBuddy.com, which surveys 720 gas outlets daily in the area. The current average price is 67.6 cents lower than one year ago and a decline of 27.4 cents in just one month.

The national average fell 8.3 cents over the past week to $2.57 a gallon, down 67 cents from last year and a plunge of 33.2 cents since last month.

Patrick DeHaan, senior petroleum analyst with GasBuddy, said there are now 13 states with stations selling gas for $1.99 a gallon or less.

“Motorists are saving $270 million every day versus pump prices a year ago,” he said.

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

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