GasBuddy: California gas prices lowest in 6 years
Gasoline prices heading toward the July 4 holiday weekend are the lowest in six years, GasBuddy reported Monday.
The statewide average price for a gallon of regular gas was $2.91, according to GasBuddy’s daily survey of 10,526 gas outlets in California. In Santa Rosa, prices ranged from $2.57 to $3.19 a gallon, according to the website GasBuddy.com.
On June 27 last year, the statewide average price was $3.45 a gallon. In 2014 it was $4.12, in 2013 it was $4.03, in 2012 it was $3.80 and in 2011 it was $3.83.
The national price of gasoline Monday was $2.30 a gallon, down more than 2 cents per gallon from last week and 9 cents lower than the peak price this year of $2.39. That trend indicates a “greater likelihood that prices for the Fourth of July weekend will be even lower,” said Gregg Laskoski, senior petroleum analyst for GasBuddy.
Britain’s vote to leave the European Union - strengthening the U.S. dollar while weakening European currencies as well as global crude oil prices - is expected to “add even more downward pressure to summer gas prices despite record-setting demand,” he said.
You can reach Staff Writer Guy Kovner at 521-5457 or guy.kovner@pressdemocrat.com. On Twitter @guykovner.
UPDATED: Please read and follow our commenting policy: