Auto Club: Average Monthly Gas Price Hits Record High for Fourth Consecutive Month, but Prices Soften

(LOS ANGELES, June 15, 2004) — The average monthly price of regular gasoline in Southern California rose another three cents from May to reach an all-time June high of $2.366 per gallon for regular self-serve gasoline, according to the Automobile Club of Southern California's monthly Fuel Gauge Report. While this is another monthly record, prices in many cities have fallen from their record highs set in late May.

"Promises by OPEC to increase oil production and increased gasoline inventories are beginning to have an effect at the pump," said Auto Club spokesperson Carol Thorp. "While demand continues to be strong, prices started dropping during the past two weeks. They haven't yet fallen to the same level as a month ago, so the change from May still registers as an increase. While the market is still volatile, motorists should expect to see prices decline for the next few weeks."

The Southern California average price for regular self-serve unleaded gasoline is $2.366, up from $2.336 on May 18. The highest previous June Fuel Gauge Report price was in 2001 at $2.01.

The lowest average price in Southern California is La Habra, where drivers can pump regular self-serve unleaded gasoline for an average $2.248. The highest price in the state is in Redlands, where regular goes for an average $2.489. San Francisco Bay-area motorists now pay an average of $2.33, up from $2.30 in May. Nationally, prices began dropping and the Fuel Gauge Report indicates that the national average is $1.980.

In Southern California, the averages for regular and premium grades of gasoline are listed below:

County/City

Unl

Pre

 

Unl. May 18

Pre. May 18

Imperial County

     

El Centro

2.410

2.604

 

2.419

2.544

      

Inyo County

     

Bishop

2.434

2.646

 

2.379

2.504

     

Kern County

     

Bakersfield

2.341

2.552

 

2.306

2.489

Ridgecrest

2.371

2.558

 

2.301

2.484

      

Los Angeles County

     

Alhambra

2.320

2.429

 

2.262

2.467

Arcadia

2.333

2.529

 

2.294

2.499

Burbank

2.292

2.486

 

2.288

2.459

Culver City

2.377

2.564

 

2.336

2.541

Glendale

2.305

2.499

 

2.275

2.479

Glendora

2.328

2.542

 

2.315

2.529

Inglewood

2.304

2.529

 

2.309

2.494

Lancaster

2.350

2.479

 

2.313

2.518

Long Beach

2.319

2.494

 

2.290

2.480

Los Angeles

2.342

2.536

 

2.311

2.532

Manhattan Beach

2.419

2.639

 

2.407

2.639

Montebello

2.372

2.544

 

2.345

2.522

Santa Clarita

2.359

2.539

 

2.339

2.544

Santa Monica

2.403

2.599

 

2.377

2.559

Van Nuys

2.310

2.494

 

2.282

2.449

Whittier

2.318

2.505

 

2.296

2.592

Woodland Hills

2.342

2.479

 

2.325

2.496

     

Orange County

     

Anaheim

2.302

2.502

 

2.261

2.484

Fullerton

2.292

2.482

 

2.259

2.424

Huntington Beach

2.312

2.516

 

2.290

2.491

La Habra

2.248

2.424

 

2.235

2.440

Laguna Beach

2.459

2.653

 

2.379

2.584

Newport Beach

2.400

2.442

 

2.366

2.549

San Clemente

2.342

2.566

 

2.349

2.503

Tustin

2.330

2.499

 

2.298

2.514

     

Riverside County

     

Blythe

2.475

2.669

 

2.479

2.759

Hemet

2.288

2.489

 

2.293

2.494

Palm Springs

2.483

2.679

 

2.491

2.659

Riverside

2.346

2.368

 

2.306

2.450

     

San Bernardino County

     

Redlands

2.489

2.685

 

2.375

2.575

San Bernardino

2.386

2.599

 

2.367

2.567

Victorville

2.486

2.682

 

2.372

2.572

      

San Diego County

     

Chula Vista

2.339

2.543

 

2.353

2.613

Del Mar

2.419

2.509

 

2.402

2.662

Escondido

2.260

2.450

 

2.250

2.466

Oceanside

2.323

2.529

 

2.313

2.449

San Diego

2.333

2.505

 

2.340

2.541

     

San Luis Obispo County

     

San Luis Obispo

2.415

2.649

 

2.402

2.614

      

Santa Barbara County

     

Lompoc

2.499

2.696

 

2.433

2.586

Santa Barbara

2.462

2.609

 

2.436

2.589

Santa Maria

2.438

2.630

 

2.412

2.539

      

Tulare County

     

Porterville

2.339

2.523

 

2.269

2.528

Visalia

2.360

2.506

 

2.300

2.559

      

Ventura County

     

Ventura

2.383

2.582

 

2.328

2.545

      

So. Calif. Avg.

2.366

2.546

 

2.336

2.533

The Auto Club's Fuel Gauge Report is based on data gathered from monitoring fuel transactions at 2,800 Southern California gas stations. Oil Price Information Service — the nation's most comprehensive source of petroleum pricing information, provides the data.

###