Auto Club: Another Week of Slight Declines for Gas Prices

(LOS ANGELES, Nov. 12, 2009) Los Angeles/Long Beach and Ventura gas price averages dropped below $3 a gallon this week for the first time since August as prices continued to drop slowly throughout the Southland, 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 $2.99 per gallon, which is 2.3 cents less than last week, 3.5 cents less than last month, and 44 cents higher than last year. In San Diego, the price is $2.972, which is two cents lower than last week’s price, also two cents below last month, and 46 cents higher than last year. On the Central Coast, the average price is $3.057, down 4.3 cents from last week, a nickel lower than a month ago, and 45 cents above last year. In the Inland Empire, the average per gallon price is $2.974, which is 2.2 cents less than last week, 3.1 cents less than last month, and 47 cents more than last year.

“This is the first time since August that the state’s average price for gasoline has dipped below $3, along with that of Los Angeles/Long Beach and Ventura,” said Auto Club spokesperson Jeffrey Spring. “This is also the second week in a row that gas prices we’re paying now are more expensive than those we were paying this time last year, and the gap keeps growing larger each week. Last week, it was 25 cents and this week it’s 40 to 45 cents.”

The Weekend Gas Watch monitors the average price of gasoline. As of 11 a.m. on Nov. 12, averages are:
Record Price
Los Angeles – Long Beach
    -2.3 cents
 $4.626 (6/21/08)
Orange County
    -2.4 cents
 $4.598 (6/19/08)
San Diego
    -2.0 cents
 $4.630 (6/19/08)
Santa Barbara – Santa Maria – Lompoc
    -4.3 cents
 $4.709 (6/21/08)
Riverside – San  Bernardino
     -2.2 cents
 $4.614 (6/22/08)
     -1.6 cents
 $4.591 (6/24/08)
     -2.8 cents
 $4.625 (6/18/08)

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Marie Montgomery
(714) 885-2333