Average retail gasoline prices in Sacramento were almost unchaged this week, rising only 0.1 cents per gallon. The average price yesterday was $3.10 per gallon. The national average increased 5.4 cents per gallon, to $2.85, according to SactoGasPrices.com.

Prices yesterday were 21.7 cents per gallon higher than the same day one year ago and 12.2 cents per gallon higher than a month ago. The national average has increased 6.1 cents per gallon during the last month and stands 20.0 cents per gallon higher than this day one year ago.

“Last week we saw oil prices surpass $87 per barrel after the Federal Reserve announced a $600 billion injection into the U.S. economy, causing the U.S. dollar to lose value, thereby pressuring oil and gasoline prices higher.”

- Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst.

DeHaan says that in addition to the Fed’s actions, a Department of Energy report indicated another drop in U.S. supplies against rising demand. DeHaan also noted that areas of the Midwest were affected by a fire at a Chicago area refinery, sending pump prices in some of those areas above $3/gallon for the first time in 25 months.

“With oil prices breaking out of their well established $75-$85/barrel range, I’m quite concerned we could see prices trade in a higher range, perhaps $85-$95/barrel for several months, signaling higher gasoline prices in the future.”
- Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst

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Sacramento average retail gasoline prices rose 0.4 cents per gallon last week, averaging $3.09/g. The national average fell 0.7 cents per gallon to $2.80/g, according to gasoline price website SactoGasPrices.com.

The overall rise since last year was in line with changing wholesale prices.

Including the change in gas prices in Sacramento last week, prices were 20.8 cents per gallon higher than the same day one year ago and 15.6 cents per gallon higher than a month ago. The national average has increased 9.2 cents per gallon during the last month and stands 12.9 cents per gallon higher than this day one year ago.

gas prices drop

As always, California prices lead the rest of the market because of the different additives required here.

Popularity: 32% [?]

Average retail gasoline prices in Sacramento rose 3.5 cents per gallon in the past week, averaging $3.01/g yesterday. This compares with the national average that has increased 7.1 cents per gallon in the last week to $2.81/g, according to gasoline price website SactoGasPrices.com.

Including the change in gas prices in Sacramento during the past week, prices yesterday were 9.5 cents per gallon higher than the same day one year ago and are 6.1 cents per gallon higher than a month ago. The national average has increased 8.9 cents per gallon during the last month and stands 33.3 cents per gallon higher than this day one year ago.

About SactoGasPrices.com

gas prices drop

GasBuddy operates GasBuddy.com, SactoGasPrices.com, and over 225 other local gasoline price-tracking websites that follow prices at over 125,000 gasoline stations in the United States and Canada. GasBuddy also uses Facebook ( facebook.com/gasbuddy) Twitter (twitter.com/gasbuddy), and phone apps to keep motorists ahead of changing gasoline prices. GasBuddy.com was named one of Time magazine’s 50 best websites and to PC World’s 100 most useful websites of 2008.

Popularity: 23% [?]

Average retail gasoline prices in Sacramento falls 2.0 cents per gallon in the past week, averaging $2.96/g yesterday. This compares with the national average that has fallen 4.4 cents per gallon in the last week to $2.73/g, according to gasoline price website SactoGasPrices.com.

Including the change in gas prices in Sacramento during the past week, prices yesterday were 22.5 cents per gallon higher than the same day one year ago and are 9.4 cents per gallon lower than a month ago.

The national average has decreased 16.4 cents per gallon during the last month and stands 23.1 cents per gallon higher than this day a year ago.

GasBuddy.com operates over 200 live gasoline price-tracking websites, including SactoGasPrices.com. GasBuddy.com was named one of Time magazine’s 50 best websites and to PC World’s 100 most useful websites of 2008.

Popularity: 12% [?]

Including the change in gas prices in Sacramento during the past week, prices yesterday were 57.1 cents per gallon higher than the same day one year ago and are 2.7 cents per gallon higher than a month ago. View full post on NewsBlaze.com Current News – Sacramento

Popularity: 11% [?]