China Trade Deal May Inflate Prices
Roseville, CA- While many Roseville gas prices still remain higher than a year ago, motorists have been enjoying some recent relief that looks to continue for a little bit longer.
Costco Perennial Low Price Leader
In particular, Costco which is consistently the low prices leader in Roseville area is currently selling unleaded at just $2.64 per gallon. That’s almost $1 per gallon cheaper than spotted at some regularly pricey locations. It pays to shop around.
Sacramento, CA, December 3- Gasoline prices in Sacramento have fallen 9.5 cents per gallon in the past week, averaging $3.41/g yesterday, according to GasBuddy’s daily survey of 720 stations in Sacramento. This compares with the national average that has fallen 10.0 cents per gallon versus last week to $2.43/g, according to GasBuddy.
“…Americans will likely see falling prices at least for one more week…”
Average gasoline prices on December 3 in Sacramento last five years:
- $3.04/g in 2017
- $2.48/g in 2016
- $2.50/g in 2015
- $2.91/g in 2014
- $3.43/g in 2013.
Including the change locally during the past week, prices yesterday were 36.9 cents per gallon higher than a year ago and are 22.7 cents per gallon lower than a month ago. The national average has dropped 31.4 cents per gallon during the last month and stands 2.7 cents per gallon lower than a year ago.
Areas in California and their current gas price climate:
Stockton- $3.40/g, down 9.4 cents per gallon from last week’s $3.49/g.
Modesto- $3.30/g, down 9.1 cents per gallon from last week’s $3.39/g.
Oakland- $3.59/g, down 6.8 cents per gallon from last week’s $3.65/g.
“Motorists finally have something to be excited about: gas prices plummeting, with at least one gas station in 27 states offering a gallon of gasoline at $1.99 per gallon or less. The national average stands at its lowest point of 2018 having fallen nearly 50 cents since the start of October, keeping nearly $200 million in the pockets of Americans every single day, acting as an economic stimulus ahead of the holidays,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.
“While OPEC will be meeting this week to discuss the possibility of cutting oil production in light of the $25 per barrel drop in prices since October, Americans will likely see falling prices at least for one more week. In addition, the promise of a trade deal with China may boost confidence in the economy, pushing global oil demand back up and driving prices higher. Motorists are encouraged to continue shopping around to find the best deals at the pump and prices under $2 per gallon while they last.”
GasBuddy is the technology company changing the way more than 75 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 70 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.