Business & Real Estate

AAA: Monthly gas prices plunge; Marysville lowest in Northern CA

Gasoline prices in Sacramento and statewide plunged nearly 40 cents a gallon from December to January, sending average at-the-pump costs below $2.60 a gallon, according to the AAA’s monthly gas price survey released Tuesday.

In Sacramento, AAA said the average cost for unleaded regular was $2.47 a gallon, down 38 cents from its Dec. 9 survey.

The least-expensive gas in Northern California was in Marysville, where unleaded regular was going for $2.31 a gallon.

Statewide, the average was $2.58, down 39 cents from a month ago. AAA said the national average price for unleaded regular was $2.12 a gallon, a decline of 54 cents in just one month and the lowest price since May 2009.

“The dramatic slide in retail gas prices has been driven by a similar plummet in global crude oil prices since the end of the summer of 2014,” Cynthia Harris, AAA Northern California spokeswoman, said in a statement. “This decline in the price of oil has been a product of weak demand combined with abundant supply.”

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