Gas Prices Peak, Hover, Says Auto Club

(LOS ANGELES, April 16, 2009) Southern California gas prices ended their three-week run-up over the past week in most areas, 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 $2.325 per gallon, which is half a cent less than last week, 17 cents higher than last month, and $1.47 less than last year. In San Diego, the price is $2.353, which is seven-tenths of a cent less than last week’s price, 18 cents above last month, and $1.47 lower than last year. On the Central Coast, the average price is $2.421, down half a penny from last week, 17 cents above last month, and $1.49 below last year. In the Inland Empire, the average per gallon price is $2.317, which is just one-tenth of one cent lower than last week, 17 cents more than last month, and $1.48 less than last year.

“Continued problems with the economy may have cut short our usual spring gas price spike in most local regions,” said Auto Club spokesperson Jeffrey Spring. “However, prices have not yet started heading down in Bakersfield, probably because of the closure of their local refinery, and it’s really too early to tell if this is a new downward trend or just a plateau.”

The Weekend Gas Watch monitors the average price of gasoline as of 1 p.m. on April 16.

(A downloadable Word version of the gas price chart is available.)
 
Area

Regular

One-week
change


Record Price

Los Angeles – Long Beach

$2.325

-0.5 cent

$4.626 (6/21/08)


Orange County

$2.318

-0.8 cent

$4.598 (6/19/08)


San Diego

$2.353

-0.7 cent

$4.630 (6/19/08)


Santa Barbara – Santa Maria – Lompoc

$2.421

-0.5 cent

$4.709 (6/21/08)


Riverside – San Bernardino

$2.317

-0.1 cent

$4.614 (6/22/08)


Bakersfield

$2.404

+1.3 cents

$4.591 (6/24/08)


Ventura

$2.351

-1.2 cents

$4.625 (6/18/08)