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AAA: Gas Prices Predicted To Fall This Month

  

Californians can expect to see gas prices go down in the next few weeks. The prediction comes from AAA which says prices have been holding steady.

"And they're expected to drop in most metro areas," says Cynthia Harris with AAA of Northern California.

She says prices are usually lower in the fall and winter because there's less demand - people aren't taking as may road trips like they do in the summer - and it's cheaper for refineries to make winter-grade gas.

"Barring any unforeseen event, prices will continue to descend," says Harris. "We're starting to see crude prices drop even further which obviously affects the price of wholesale."

Crude oil prices recently closed at $44.07 a barrel.

Northern California's average price for a gallon of gas is currently at: $2.69. That's down six-cents from a month ago. Sacramento's average price of $2.60 is down a penny from last month. 

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Steve Milne

Morning Edition Anchor & Reporter

Steve is the voice of Capital Public Radio News as anchor of Morning Edition and Insight. He covers stories on a wide range of topics including: business, education, real estate, agriculture and music. Steve also produced stories for CapRadio.org.   Read Full Bio