Gas prices continue downward trend
AAA Monthly Gas Price Averages: April 2013
City/Region Price Change
NATIONAL 3.58 - .12
BAY AREA 4.11 - .12
The downward trend in gasoline costs continues for
Sacramento-area drivers are paying $3.90 a gallon for regular unleaded gasoline AAA said, a drop of $0.09.
But among all 50 states,
“The recent decline has been a product of lower crude oil prices and a now completed switchover to summer-blend gasoline,” Cynthia Harris, AAA Northern California spokesperson, said in a release. “Declining retail gas prices have been the result of an increase in refinery production and economic concerns, which have created less of a demand among consumers.”
In the rest of the north state fuel prices are now averaging $4.11 per gallon, a change of $0.16 in price from last month’s report by AAA. In the Bay Area, drivers are paying an average of $4.23 a gallon, which is up $0.20 from last month.
The national average price for a gallon of regular unleaded gasoline this week is $3.58, $0.12 less than the average price one year ago.
Retail gas prices across the country surged at the start of 2013, as the national average increased $0.49 through the end of February. This was the largest increase on record for the first two months of a year. The run-up was only somewhat attributed to higher crude oil prices and was instead driven by a decline in refinery production and higher gasoline futures prices.
The least expensive average price in Northern California can be found in