Business & Real Estate

AAA: State’s nation-leading gas price is well below $3 a gallon

California’s average price of unleaded regular gasoline, $2.88 a gallon, is the highest in the nation, but that’s about 78 cents a gallon cheaper than the year-ago average.

That was among the findings in AAA’s monthly, statewide fuel price report released Tuesday.

The statewide average of $2.88 was up only 2 cents from the June 14 survey. The average in Northern California on Tuesday was $2.82 a gallon, down 3 cents from a month ago.

In Sacramento, the average at-the-pump price of $2.71 a gallon was down 4 cents from June.

The least expensive fuel in the Northern California market is in Marysville, at $2.49 per gallon; the most expensive is in San Francisco, at $3 a gallon.

“Nationally, gas prices are expected to continue their slide this week as both crude and wholesale prices were lower last week. In addition, the most recent Department of Energy report cited domestic gasoline production at just 100,000 barrels per day short of the all-time record, which lends further momentum to falling prices,” said Rolayne Fairclough, AAA spokesperson.

Mark Glover: 916-321-1184, @markhglover

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