Auto Club: Monthlong Gas Price Slide Screeches To A Halt

(LOS ANGELES, Oct. 22, 2009) Gas prices barely budged in Southern California over the past week as many other parts of the country experienced sharp price increases because of skyrocketing oil prices, 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 $3.009 per gallon, which is seven-tenths of a penny less than last week, 11 cents less than last month, and 24 cents less than last year. In San Diego, the price is $2.983, which is one-tenth of one cent more than last week’s price, 14 cents below last month, and 24 cents lower than last year. On the Central Coast, the average price is $3.084, up two-tenths of a penny from last week, 12 cents lower than a month ago, and 22 cents below last year. In the Inland Empire, the average per gallon price is $2.985, which is three-tenths of a cent less than last week, 12 cents less than last month, and 26 cents less than last year.

“With gas prices rising rapidly in other parts of the country over the last week, it’s unlikely we will see continued decreases at the pump locally and prices have started rising already in some Southern California communities,” said Auto Club spokesperson Jeffrey Spring. “Oil prices have surged from about $65 a barrel last month to $80 now, which has helped fuel those price increases in other states.”

The Weekend Gas Watch monitors the average price of gasoline. As of 11 a.m. on Oct. 22, averages are:
Record Price
Los Angeles – Long Beach
    -0.7 cent
 $4.626 (6/21/08)
Orange County
    -0.5 cent
 $4.598 (6/19/08)
San Diego
    +0.1 cent
 $4.630 (6/19/08)
Santa Barbara – Santa Maria – Lompoc
    +0.2 cent
 $4.709 (6/21/08)
Riverside – San  Bernardino
     -0.3 cent
 $4.614 (6/22/08)
     -1.5 cents
 $4.591 (6/24/08)
     -0.5 cent
 $4.625 (6/18/08)

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Marie Montgomery
(714) 885-2333