Average gas prices fell 24 cents in California last month and further in the Bay Area, continuing a downward trend seen across the country, according to the American Automobile Association’s Northern California chapter.
The average gas price per gallon fell 26 cents to $2.99 in the Bay Area in this month’s survey, and to $2.94 in Northern California as a whole.
Nationally they fell even more steeply, falling 27 cents to $2.66, AAA officials said.
Gas prices typically decline in the winter due to factors including decreased demand. In addition, oil prices have been kept low by a Organization of Petroleum Exporting Countries’ decision to sustain production levels and Saudi Arabian moves to cut per barrel prices.
The highest recorded price ever recorded in California was $4.67 a gallon, reported in October 2012.
The lowest gas prices AAA reported in the Bay Area this month were in Pleasanton, where gas averaged $2.39 a gallon. The highest was in San Francisco, where prices averaged $3.12 a gallon.
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