Bay Area Gas Prices Tumble

Gas prices are on the decline.

By Chris Roberts
|  Wednesday, Jul 11, 2012  |  Updated 3:47 PM PDT
View Comments (
)
|
Email
|
Print
Bay Area Gas Prices Tumble

Gas prices are dropping uncharacteristically in the Bay Area this summer.

Forget $5.00 gas. How about $3.00 gas?

Gas prices in California have tumbled an average of 40 cents over the past month, the San Jose Mercury News reported. Three-dollar gas isn't quite yet a pump reality for motorists, but gas has dropped well below the $4-a-gallon threshhold, the newspaper reported.
 
The countrywide average for gasoline is currently $3.38 a gallon, and $3.70 in California, the newspaper reported.
 
The most recent global fluctuation is the end of a strike by Norweigan oil pipeline workers, the newspaper reported. That helped gas prices in the United States dip even further.
 
A spokesman for AAA noted that gas prices are typically most expensive in the summer months, when consumer demand for road trips is at a peak.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Bay Area Proud
Bay Area Proud is NBC Bay... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out