Auto Club: Gas Prices Cut In Half From June

(LOS ANGELES, Nov. 21, 2008) - The precipitous plunge in gas prices during recent weeks has slashed gas prices in half compared to their all-time records in June, 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 $2.327 per gallon, which is 19.1 cents less than last week, 97 cents lower than last month, and $1.07 under last year. In San Diego, the price is $2.265, which is 21.1 cents under last week's price, 99 cents below last month, and $1.15 lower than last year. On the Central Coast, the average price is $2.389, down 17.5 cents from last week, 98 cents below last month, and $1.10 below last year. In the Inland Empire, the average per gallon price is $2.277, which is 18.9 cents under last week, down 98 cents from last month, and $1.12 less than last year.
 
"Thanksgiving travelers can be grateful for these drastically lower gas prices, which have dropped to less than $2 a gallon at a few local stations," said Auto Club spokesperson Jeffrey Spring. "Although the Auto Club is projecting a 2.3 percent decrease in the number of Southern California travelers over last year, some people could make last-minute travel plans with these lower gas prices in mind."
 
The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m. Nov. 21:
 
 

Area                   

 Regular

One-week

change

 

Record Price

 

Los AngelesLong Beach

$2.327

    - 19.1 cents

 $4.626 (6/21/08)

 

 

 

 

Orange County

$2.295

    - 18.8 cents

 $4.598 (6/19/08)

 

 

 

 

San Diego

$2.265

    - 21.1 cents

 $4.630 (6/19/08)

 

 

 

 

Santa BarbaraSanta MariaLompoc

$2.389

    - 17.5 cents

 $4.709 (6/21/08)

 

 

 

 

RiversideSan  Bernardino

$2.277

    - 18.9 cents

 $4.614 (6/22/08)

 

 

 

 

Bakersfield

$2.294

    - 23.4 cents

 $4.591 (6/24/08)

 

 

 

 

Las Vegas, NV

$2.204

    - 15.2 cents

 $4.279 (6/21/08)