The national average price of gasoline has fallen 1.8 cents per gallon in the last week, averaging $2.57/g Monday. On the West Coast, pump prices in the region have mostly dropped.
Chico gas prices have fallen 9.7 cents per gallon in the past week, averaging $3.38/g, GasBuddy said.
"With Iran and the United States de-escalating rising tensions last week, oil prices plummeted back under $60 per barrel, a welcome sign for motorists who had believed gas prices were about to shoot up. For now, the reduced tensions may lead gas prices to again begin falling in most states over the next few weeks before seasonal factors then again push prices back up," said Patrick DeHaan, head of petroleum analysis for GasBuddy.
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