Gas Price Drops Gain Momentum

Pumping gas in Los Angeles archives
Photo copyright Automobile Club of Southern California Archives

Southern California gas prices slid down a little faster this week, falling by a dime over seven days in many areas and giving more drivers access to prices under $4 a gallon, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail state average is $3.801 a gallon for regular today, 5.5 cents less than last week.


The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.124 per gallon, which is 9.7 cents less than last week, 56 cents more than last month, and 13 cents higher than last year. In San Diego, the average price is $4.068, which is 9.5 cents less than last week, 55 cents higher than last month, and 11 cents more than this time last year. On the Central Coast, the average price is $4.044, 8.8 cents less than last week, 54 cents higher than a month ago, and 1 cent less than last year. In the Inland Empire, the average per-gallon price is $4.066, 8.9 cents lower than last week, 57 cents more than last month, and 9 cents more than last year.


“Wholesale Los Angeles prices have dropped by more than $1 a gallon since July 9, so we expect the downward trend to accelerate at local gas stations, especially considering that Northern California gas stations are charging 50 to 70 cents less than those in Southern California,” said Auto Club spokesman Jeffrey Spring. “While the Exxon-Mobil refinery outage will continue to elevate local prices, Southland drivers should benefit from factors that are driving down prices across the U.S. such as $50-a-barrel oil prices.”


The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on July 30, averages are: 






Record Price

Los Angeles – Long Beach


   -9.7 cents     

  $4.705 (10/9/12)





Orange County


-9.8 cents

  $4.690 (10/8/12)





San Diego


   -9.5 cents

  $4.725 (10/8/12)





Santa Barbara – Santa Maria – Lompoc


   -8.8 cents

  $4.709 (6/21/08)





Riverside – San Bernardino


  -8.9 cents

  $4.688 (10/8/12)







 -6.3 cents

  $4.689 (10/7/12)