Gas prices in California explained

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Filling up at the gas pump is more affordable Tuesday compared to earlier this year, but it still isn't cheap.

Filling up at the gas pump is more affordable Tuesday compared to earlier this year, but it still isn't cheap.

According to Gas Buddy, California's average price for a gallon of regular is $3.45, despite the fact that oil has fallen for eight consecutive weeks -- the longest streak since 1986.

Now below $40 a barrel, the price of oil is down 34 percent from this year's high of $61 a barrel. Last year, it was well over $100.

Watch Marc Cota-Robles' explains the fluctuations in the video above.

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economygas pricesCalifornia
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