According to AAA, the national average price of gas continues to decline as U.S. oil production increases. Today’s average price of $2.31 per gallon represents a decrease of three cents per gallon on the week, four cents per gallon on the month, and prices have moved lower for 14 of the past 15 days.
Despite this recent trend lower, retail averages are up by 46 cents per gallon as compared to one year ago.
West Coast
Prices on the West Coast remain the most expensive in the nation, with five states landing on the list of most expensive markets: Hawaii ($3.07), California ($2.80), Alaska ($2.77), Washington ($2.74) and Oregon ($2.54). While prices in most parts of the region have followed the national average trending lower, they have been some of the smallest decreases in the country. Recent reports from the California Energy Commission (CEC) show that California suppliers currently have a supply of summer blend gasoline on hand and are storing barrels until the upcoming seasonal shift to RVP gasoline. In the week ending January 13, RFG production was cut by 350,000 bbl to around 6.6 million bbl, yet inventories jumped 184,000 bbl to 6.35 million bbl.
Supply levels for current season gasoline are healthy across the region. OPIS reports that Valero’s Benicia, California, refinery has set a large turnaround schedule that will begin this month.
According to GasBuddy, here are some of the cheapest gas prices they have listed locally:
Antioch
- $2.49 (Costco – Verne Roberts & Crow Ct.)
- $2.52 (Safeway – Deer Valley & Hillcrest)
- $2.53 (Dutch Pride – E18th & Cavallo
Brentwood
- $2.47 (Arco – Lone Tree & Empire)
- $2.49 (Arco – Balfour 8 John Muir)
- $2.55 (Power market – Brentwood Blvd & Balfour)
Discovery Bay
- $2.53 (Safeway – CA-4 & Bixler)
Oakley
- $2.45 (Arco – Main St & W Cypress)
- $2.51 (Arco – Bridgehead & Main St.)
- $2.76 (Valero – E. Cypress & Knightsen Ave.)
Pittsburg
- $2.39 (Arco – W. Leland & San Marco)
- $2.49 (Bonfare – Railroad & Marks)
- $2.65 (7-Eleven – Century & Auto Center)
