Gas Price Averages Stuck Above $4

Gas prices moved by just a penny or less during the last week, with averages remaining above $4 a gallon even though wholesale prices indicate there’s still some room for more retail drops, according to the Automobile Club of Southern California's Weekend Gas Watch. The state average is $4.046 a gallon for regular today – two-tenths of a cent lower than last week.

 

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.084 per gallon, which is 1.3 cents less than last week, 22 cents lower than last month, and 24 cents lower than last year. In San Diego, the average price is $4.058, which is one cent below last week, 20 cents below last month, and 25 cents lower than last year. On the Central Coast, the average price is $4.161, up three-tenths of one cent from last week, 16 cents lower than a month ago, and 21 cents less than last year. In the Inland Empire, the average per-gallon price is $4.053, down 1.3 cents from last week, 22 cents lower than last month, and 26 cents less than last year.

 

“It appears that price decreases slowed to a trickle in response to wholesale prices rising in the past week,” said Auto Club spokesperson Jeffrey Spring. “However, wholesale prices have dropped again in recent days, so we don’t see any indications at the moment that pump prices will start going back up.”

  

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on April 4, averages are: 

 

Area                   

Regular

One-week

change

 

Record Price

 

Los Angeles – Long Beach

$4.084

-1.3 cents

 $4.705 (10/9/12)

 

 

 

 

Orange County

$4.057

-0.9 cent

 $4.690 (10/8/12)

 

 

 

 

San Diego

$4.058

-1.0 cents

 $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$4.161

+0.3 cent

 $4.709 (6/21/08)

 

 

 

 

Riverside – San  Bernardino

$4.053

-1.3 cents

 $4.688 (10/8/12)

 

 

 

 

Bakersfield

$4.048

No Change

 $4.648 (10/9/12)

 

 

 

 

Ventura

$4.086

-0.7 cents

   $4.689 (10/7/12)