Auto Club: Station Prices Drop Below $3 As Downturn Accelerates

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Sub-$3-per-gallon gas prices are starting to appear in some Southern California regions after six straight weeks of price drops, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail statewide average is $3.49 a gallon for regular unleaded, which is eight cents lower than last week.
 
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.51 per gallon, which is nine cents lower than last week, 28 cents lower than last month, and 32 cents higher than last year. In San Diego, the average price is $3.48, which is eight cents lower than last Thursday, 28 cents lower than last month, and 32 cents higher than this time last year. On the Central Coast, the average price is $3.50, which is ten cents lower than week, 29 cents lower than last month, and 29 cents higher than last year. In Riverside, the average per-gallon price is $3.40, which is nine cents lower than last week, 30 cents lower than last month, and 28 cents more than this time last year.

“The pace of price drops accelerated in the last week, with some individual stations reducing their prices by as much as 10 cents overnight,” said Auto Club spokesman Jeffrey Spring. “Gas prices under $3 a gallon have appeared in many major metropolitan areas. The Auto Club recommends using an app like the free AAA Mobile app to shop around virtually for the cheapest gasoline price near you.”

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Dec. 6, averages are:

Area

Regular

1-week change

Record Price

Los Angeles – Long Beach

$3.51

 -9 cents

 $4.70 (10/9/12)

 

 

 

 

Orange County

$3.46

 -8 cents

 $4.69 (10/8/12)

 

 

 

 

San Diego

$3.48

 -8 cents

 $4.72 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria –Lompoc

$3.50

 -10 cents

 $4.70 (6/21/08)

 

Riverside

$3.40

 -9 cents

$4.68 (10/8/12)

 

 

 

 

San Bernardino

$3.46

 -10 cents

 $4.68 (10/8/12)

 

 

 

 

Ventura

$3.50

 -8 cents

 $4.68 (10/7/12)

 

 

 

 

Bakersfield

$3.52

 -9 cents

 $4.64 (10/9/12)

Media Contacts

Marie Montgomery
(714) 885-2333
Montgomery.Marie@aaa-calif.com
Jeffrey Spring
(714) 885-2333
Spring.Jeffrey@aaa-calif.com