Monthly Gas Prices Drop Nearly 50 Cents

(LOS ANGELES, August 12, 2008) — For the first time in the past six months, the average monthly price of gasoline declined, according to the Automobile Club of Southern California monthly Fuel Gauge Report.

The Southern California August average price for regular self-serve gasoline fell 47 cents to $4.114 – down from $4.585 on July 8, which was the all-time Southern California monthly record price. In August 2007, the monthly Fuel Gauge Report average for Southern California was $2.912 – $1.20 less than this month’s average price.

The statewide average price of $4.109 is down 45 cents from the July average price of $4.559. The state’s lowest average price is in Tracy in northern California, where regular sells for $3.90. Tahoe City has the state’s highest price at $4.50.

Nationally, the average price is $3.799 down about 31 cents from $4.108, in July. Alaska has the highest state average price at $4.622 and Missouri has the lowest state average price, at $3.553. Only ten states now have an average price over $4 per gallon for regular.

“For the first time in six months, consumers get a monthly average price that is lower than the previous month,” said Auto Club spokesperson Jeffrey Spring. “Lower demand for gasoline has finally pushed investors away from oil and gasoline. Even Russia’s incursion into Georgia, the site of a major oil pipleline, hasn’t sparked an oil price increase.”
In Southern California, the averages for regular and premium grades of gasoline are listed below:
 


County/City

Reg 8/12

Reg 7/8

Pre 8/12

Pre7/8



Imperial County



El Centro

4.228

4.528

4.435

4.763



Inyo County


Bishop

4.395

4.723

4.679

4.928



Kern County


Bakersfield

4.126

4.533

4.253

4.662



Ridgecrest

4.377

4.588

4.639

4.801



Los Angeles County


Alhambra

4.118

4.579

4.319

4.776



Arcadia

4.102

4.556

4.312

4.747



Burbank

4.143

4.626

4.305

4.803



Culver City

4.144

4.614

4.346

4.797



Glendale

4.148

4.615

4.354

4.806



Glendora

4.027

4.541

4.266

4.746



Inglewood

4.057

4.557

4.259

4.739



Lancaster

4.078

4.568

4.273

4.733



Long Beach

4.063

4.559

4.272

4.739



Los Angeles

4.132

4.610

4.327

4.821



Manhattan Beach

4.199

4.626

4.425

4.799



Montebello

4.048

4.556

4.317

4.730



Santa Clarita

4.090

4.628

4.309

4.835



Santa Monica

4.115

4.637

4.399

4.879



Van Nuys

4.069

4.552

4.262

4.737



Whittier

4.073

4.525

4.261

4.686



Woodland Hills

4.068

4.656

4.284

4.847



Orange County


Anaheim

4.036

4.514

4.249

4.730



Fullerton

4.034

4.512

4.265

4.719



Huntington Beach

4.013

4.539

4.214

4.707



La Habra

4.012

4.489

4.216

4.709



Laguna Beach

4.125

4.667

4.309

4.859



Newport Beach

4.130

4.619

4.351

4.837



San Clemente

4.135

4.591

4.329

4.771



Tustin

4.120

4.593

4.330

4.792



Riverside County


Blythe

4.423

4.829

4.679

5.099



Hemet

4.006

4.502

4.222

4.691



Palm Springs

4.108

4.565

4.252

4.779



Riverside

4.058

4.567

4.233

4.753



San Bernardino County


Redlands

4.021

4.563

4.197

4.772



San Bernardino

4.006

4.518

4.203

4.691



Victorville

4.066

4.551

4.245

4.739



San Diego County


Chula Vista

3.956

4.488

4.143

4.594



Del Mar

4.151

4.737

4.309

4.809



Escondido

3.974

4.479

4.187

4.644



Oceanside

4.027

4.565

4.218

4.827



San Diego

4.065

4.550

4.269

4.759



San Luis Obispo County


San Luis Obispo

4.208

4.664

4.399

4.859



Santa Barbara County


Lompoc

4.163

4.546

4.469

4.734



Santa Barbara

4.225

4.663

4.429

4.865



Santa Maria

4.203

4.636

4.386

4.782



Tulare County


Porterville

4.165

4.610

4.347

4.839



Visalia

4.153

4.611

4.384

4.924



Ventura County


Ventura

4.089

4.556

4.317

4.762



So. Calif. Avg.

4.114

4.585

4.322

4.780