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Gas Price Average Could Reach $4 Soon

Choosing gas octane by Mike Mozart
https://www.flickr.com/photos/ jeepersmedia/ https://creativecommons.org/licenses/ by/4.0/
Credit: Mike Mozart

Gas price averages in Los Angeles and San Diego are now within a few cents of $4 a gallon as the slow upward price march continues, according to the Automobile Club of Southern California’s Weekend Gas Watch. Today’s retail statewide average is $3.93 a gallon for regular unleaded, which is two cents higher than last week.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.97 per gallon, which is two cents higher than last week, 16 cents higher than last month, and 97 cents higher than last year. In San Diego, the average price is $3.97, which is one cent higher than last week, 18 cents more than than last month, and 99 cents higher than last year.

On the Central Coast, the average price is $3.93, which is one cent higher than last week, 20 cents higher than last month, and 83 cents higher than last year.  In Riverside, the average per-gallon price is $3.90, which is one cent higher than last week, 16 cents higher than last month, and $1.03 higher than last year. In Bakersfield, the $3.83 average price is two cents higher than last week, 18 cents higher than last month, and 96 cents higher than a year ago today.

“Oil Price Information Service and the California Energy Commission report that production of local gasoline increased during four of the past five weeks, indicating anticipation of stronger demand in coming weeks as pandemic restrictions ease,” said Auto Club spokesman Jeffrey Spring. “This trend runs counter to oil prices easing internationally because of COVID-related shutdowns in Europe and Africa. We’ll see in the coming weeks if tempering oil prices have an effect on local gas prices.”  

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on April 8, averages are:

April 8

 

 

Media Contacts

Marie Montgomery
(714) 885-2333
Montgomery.Marie@aaa-calif.com
Jeffrey Spring
(714) 742-7754
Spring.Jeffrey@aaa-calif.com
CST 1016202-80 Copyright © Automobile Club of Southern California. All Rights Reserved.
The Automobile Club of Southern California is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in the following California counties: Inyo, Imperial, Kern, Los Angeles, Mono, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, Tulare, and Ventura.