Auto Club: Gas Prices Reverse Course, Head Up

(LOS ANGELES, Feb. 25, 2010) –Southern California gas prices once again headed upward over the last week, breaking a five-week streak of price declines, 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 $2.953 per gallon, which is three-tenths of one penny more than last week, eight cents less than last month, and 70 cents higher than last year. In San Diego, the price is $2.951, which is 1.3 cents more than last week’s price, seven cents below last month, and 69 cents higher than last year. On the Central Coast, the average price is $3.011, up nine-tenths of a cent from last week, six cents lower than a month ago, and 68 cents above last year. In the Inland Empire, the average per gallon price is $2.951, which is one cent more than last week, seven cents less than last month, and 71 cents more than last year.

“Many other areas of the country saw a sharp increase in gas prices over the past week, but fortunately the increase in California has been very small so far,” said Auto Club spokesperson Jeffrey Spring. “Nationally, gas prices have jumped nine cents in the past week, largely in response to a strong uptick in the price of crude oil, which briefly jumped over $80 per barrel earlier this week.”

The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on Feb. 25, averages are:
Record Price
Los Angeles – Long Beach
    +0.3 cent
 $4.626 (6/21/08)
Orange County
     +1.3 cents
 $4.598 (6/19/08)
San Diego
     +1.3 cents
 $4.630 (6/19/08)
Santa Barbara – Santa Maria – Lompoc
     +0.9 cent
 $4.709 (6/21/08)
Riverside – San  Bernardino
     +1.0 cent
 $4.614 (6/22/08)
      +2.2 cents
 $4.591 (6/24/08)
      +2.1 cents
 $4.625 (6/18/08)

Media Contacts

Marie Montgomery
(714) 885-2333