El Dorado County gas prices among cheapest in state | TahoeDailyTribune.com

El Dorado County gas prices among cheapest in state

Isaac Brambila

El Dorado County registered the 11th cheapest average gas price per gallon early this week as prices nationwide continue to plummet.

South Lake Tahoe, within one of the cheapest counties in the state for gasoline, also recorded an average lower than the county’s average.

According to GasBuddy, which surveys 10,526 gas outlets in California, the state’s average was $2.72 on Tuesday, nearly 40 cents cheaper than it was a month ago.

In El Dorado County, the average dropped even lower to $2.65, representing an even larger drop than the state’s drop.

Last month, El Dorado County reflected average gasoline prices that were higher than the county’s average.

Drawing calculations from 12 gas stations listed on GasBuddy.com, South Lake Tahoe had an average price per gallon of $2.63, and recorded gas prices as low as $2.35.

The average price nationally was $2.35 per gallon on Tuesday, more than 40 cents cheaper than it was in late November. Oklahoma had the lowest state average at $2.04.

In California, Stanislaus County had the lowest average at $2.55. Mono County had the most expensive average at $3.40 per gallon.

Nevada’s average was $2.56, with Douglas County as the second cheapest county in the state at $2.42. Carson City had the cheapest average at $2.39.

According the GasBuddy, Americans are saving more than $13 million an hour versus gas prices a year ago, adding up

to more than $315 million every day.

Californians are paying on average nearly 88 cents less per gallon than they were paying a year ago.

Analysts, however, are not sure the prices will continue to drop.

I’m worried the decline may soon begin slowing- oil prices have held in the mid-$50s, and the concrete may be setting in. If it does, and oil prices fail to drop below $50/bbl, gas prices likely won’t drop more than another 10-20 cents per gallon,” Patrick DeHaan, a senior petroleum analyst with GasBuddy, stated in a press release.

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