Rising Prices Forecast for Spring
Roseville, CA- Rising gas prices in Roseville are expected to continue trending higher heading into warmer months. Prices still remain under $3 per gallon at several locations throughout the city. Retail favorite Costco retains its crown as king of local low gas prices. Sam’s Club and Arco round out the top three spots.
Sacramento, CA, February 25- Gasoline prices in Sacramento have risen 1.3 cents per gallon in the past week, averaging $3.08/g yesterday, according to GasBuddy’s daily survey of 720 stations in Sacramento. This compares with the national average that has increased 6.1 cents per gallon versus last week to $2.39/g, according to GasBuddy.
Average gasoline prices on February 25 in Sacramento have ranged widely over the last five years: $3.12/g in 2018, $2.78/g in 2017, $2.12/g in 2016, $2.83/g in 2015 and $3.57/g in 2014.
Including the change locally during the past week, prices yesterday were 3.4 cents per gallon lower than a year ago and are unchanged versus a month ago. The national average has increased 11.6 cents per gallon during the last month and stands 10.8 cents per gallon lower than a year ago.
Areas in California and their current gas price climate:
Stockton- $3.06/g, up 1.4 cents per gallon from last week’s $3.04/g.
Modesto- $3.05/g, down 0.9 cents per gallon from last week’s $3.06/g.
Oakland- $3.27/g, down 1.4 cents per gallon from last week’s $3.28/g.
“Gasoline prices saw their biggest weekly jump of 2019 with the national average now at its highest point since mid-December as oil prices continue to advance, while such jumps are in line with expectations, that doesn’t make them any easier to digest,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.
“Unfortunately, we’re likely in store for a continued March higher into March and even April as seasonal trends kick into high gear, but there is some light at the end of the tunnel. Average gas prices should remain lower than their year ago levels for now and the annual spring surge we see at gas pumps will likely not be as bad as we’ve seen in years past.”
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.