Gas Prices in California Down $1 Since Peak. How Are Prices in Sonoma County Being Affected? – August 2022
Press Democrat and More
Severin Borenstein, Faculty Director, comments on the recent drop in gas prices in the Press Democrat.
“Borenstein added that the lower prices have mainly been available at ‘off-brand stations,’ though it is still too early to say how long the downward trend will continue. The biggest factor will be oil prices, which sold for less than $100 per barrel on Sunday…Given that most of this drop is being driven by crude oil prices, it is very hard to predict if it will continue all the way into September,’ Borenstein said.”
Read more about the recent drop in gas prices on ABC7 News and Napa Valley Register.