(LOS ANGELES, Sept. 5, 2008) - Southern California gas prices dropped for an 11th straight week, despite upward pressure from Hurricane Gustav that temporarily increased prices in many other states, according to the Automobile Club of Southern California's Weekend Gas Watch.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.852 per gallon, which is 4.5 cents less than last week, 37 cents lower than last month, and $1.10 above last year. In San Diego, the price is $3.843, which is 2.5 cents under last week's price, 32 cents below last month, and $1.02 higher than last year. On the Central Coast, the average price is $3.971, down 4 cents from last week, 37 cents below last month, and $1.02 more than last year. In the Inland Empire, the average per gallon price is $3.835, which is 3.2 cents under last week, down 36 cents from last month, and $1.08 higher than last year.
"Gasoline demand typically drops nationally after Labor Day through the end of the year," said Auto Club spokesperson Jeffrey Spring. "However, we've seen prices increase in prior fall seasons because of supply issues or investor worries that drive up the price of crude oil and wholesale gasoline."
The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m. Sept. 5:
Los Angeles – Long Beach
- 4.5 cents
- 4.5 cents
- 2.5 cents
Santa Barbara – Santa Maria – Lompoc
- 4.0 cents
Riverside – San Bernardino
- 3.2 cents
- 2.6 cents
Las Vegas, NV
- 1.5 cents