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June 14, 2011

Gasoline prices continue to slide



By Mike Glover

Local gasoline prices have fallen for the sixth consecutive week.

Today’s weekly report by SactoGasPrices.com, a GasBuddy.com website, said the average price of gas in the Sacramento area declined 4.8 cents to $3.86 per gallon over the past week.

Local prices are still 86 cents a gallon higher than they were at this last year, but they’re down 30.5 cents from last month.

Nationally, GasBuddy said prices also dipped 5 cents over the past week to settle at $3.71 a gallon – $1.01 higher than a year ago but down 23.3 cents from last month.

Analysts cited declining crude oil prices.

Read more: http://www.sacbee.com/2011/06/13/3697249/gasoline-prices-continue-to-slide.html#ixzz1PCB3lTZs

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