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Gas Prices Expected to Stay Low in 2013

Experts say, demand is low, and expected to stay that way as we enter the new year, which means prices should hopefully stay low as well.

Bay City News contributed to this report.

Gas prices in the Bay Area and across the state continued to fall in December, with every metro area in Northern California registering a decrease at the pump since last month, an American Automobile Association spokeswoman said.

According to the AAA, California's average price for a gallon of regular unleaded gasoline in December was $3.62, down 23 cents since mid-November. The average Bay Area price was $3.71, down 27 cents over the same time period, according to the AAA.

"Prices at the pump have steadily declined across the country as demand continues to be low and supplies remain robust," AAA Northern California spokeswoman Cynthia Harris said. "The exception is the East Coast, where supplies are increasing but remain somewhat tight following the disruption in distribution from Hurricane Sandy."

Overall demand was expected to remain low into 2013, she said.

The highest-priced gas in the Bay Area was in San Francisco, where motorists paid an average $3.83 per gallon in December, according to the AAA. The lowest was in Vallejo, where a gallon averaged $3.49.

In the Redwood City/Woodside area on Monday, the lowest gas price for regular unleaded appears to be $3.30 per gallon, at two local stations - Shell at 582 Woodside Road, and Chevron at 710 Woodside Road. 

Don't forget to bookmark RedwoodCity-Woodside Patch's Commute page, where you can see the latest traffic updates and where the lowest gas price in town is on any given day.

 

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