Gas prices continue downward trend
Californians are experiencing a welcome relief at the gas pump as the end-of-the-year holiday travel season approaches.
According to the latest report from AAA Northern California, which tracks gas prices as a service to consumers, every metro area in
Northern California gas prices are now averaging $3.56, down 26 cents from last month, and are $3.44 in
“Prices at the pump have steadily declined across the country as demand continues to be low and supplies remain robust,” reports Cynthia Harris, AAA Northern California spokesperson. “The exception is the East Coast where supplies are increasing but remain somewhat tight following the disruption in distribution from Hurricane Sandy.”
While the demand will increase slightly for the holidays, overall demand is expected to remain low into 2013, which will keep downward pressure on gasoline prices. Lower crude oil prices have also contributed to the cheaper gas prices paid by consumers.
The least expensive average price in Northern California can be found in