Gas Prices Continue Downward Slide
Sacramento, October 7- Average retail gasoline prices in Sacramento have fallen 7.0 cents per gallon in the past week, averaging $3.74/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento. This compares with the national average that has fallen 4.2 cents per gallon in the last week to $3.38/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Sacramento during the past week, prices yesterday were 79.2 cents per gallon lower than the same day one year ago and are 3.6 cents per gallon lower than a month ago. The national average has decreased 21.4 cents per gallon during the last month and stands 41.9 cents per gallon lower than this day one year ago.
"The national average has continued its decline which has been continuing for 34 consecutive days," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "And the odds are very good that prices will continue to decline in most areas in the week ahead. Perhaps most notable at this point of decline is how much cheaper gas prices stand versus the same date last year, with motorists realizing prices that are 50 cents or more lower. Much of the difference can be blamed on more active Atlantic waters last year that brought more storms than what we've seen this year," DeHaan said.
GasBuddy operates SactoGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.