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Sacramento TodayLocal News and Business

Holiday Travel: Gas Prices Hold Steady





Sacramento, December 23- Average retail gasoline prices in Sacramento have risen 0.7 cents per gallon in the past week, averaging $3.44/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento.

This compares with the national average that has increased 2.2 cents per gallon in the last week to $3.23/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Sacramento during the past week, prices yesterday were 8.9 cents per gallon higher than the same day one year ago and are 1.5 cents per gallon higher than a month ago. The national average has decreased 2.4 cents per gallon during the last month and stands 0.9 cents per gallon lower than this day one year ago.

"Motorists hitting the road for Christmas travel are cringing as gasoline prices have picked up with the best now behind us," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "While prices will advance, I don't expect it to last too long- January and February generally also feature relatively low gasoline prices. And while motorists aren't looking forward to the higher prices, they may take some solace in our expectation that gasoline prices in 2014 should average lower than they will after 2013 is complete.

Make no mistake- gas prices will see volatility, and there will be times when motorists will experience "motion sickness" at the pump, but that shouldn't discount that Americans will be able to spend less on a yearly basis in 2014 than they did this year," DeHaan said.

About GasBuddy

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.