Gas Price Increases Slow; Climb Two Cents in a Week

Gas Prices
Gas pump by Mike Mozart
Photo by Mike Mozart https://www.flickr.com/photos/jeepersmedia creativecommons.org/licenses/by/4.0/  

As imported gasoline arrives to Southern California and some of the region’s refineries return to normal production, the average price increase of regular gasoline has slowed to about one or two cents in the past week, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail statewide average is $4.04 a gallon for regular unleaded, which is 2 cents higher than last week.
 
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.09 per gallon, which is 2 cents higher than last week, 53 cents higher than last month, and 44 cents higher than last year. In San Diego, the average price is $4.06, which is up 1 cent from last Thursday, 56 cents higher than last month, and 43 cents higher than this time last year. On the Central Coast, the average price is $4.10, which is one cent higher than last week, 56 cents higher than last month, and 44 cents higher than last year. In Riverside, the average per-gallon price is $4.03, which is 2 cents higher than last week, 56 cents higher than last month, and 46 cents higher than last year. In San Bernardino, the $4.04 average price is 2 cents higher than last week, 55 cents higher than last month, and 52 cents higher than a year ago today.

“Prices seem to be tempering this past week as some of the refineries that reported problems earlier this month appear to be normalizing production, and imported gasoline has started to arrive,” said Auto Club spokesman Jeffrey Spring. “Still, other refineries such as the PBF refinery in Torrance reported flaring this week, so productions woes in the region are not over.  We’ll see how this affects gasoline prices in the next few days.”

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on April 25, averages are:

Area

Regular

 1-week change

Record Price

Los Angeles – Long Beach

$4.09

 +2 cents

 $4.70 (10/9/12)

 

 

 

 

Orange County

$4.06

 +2 cents

 $4.69 (10/8/12)

 

 

 

 

San Diego

$4.06

 +1 cent

 $4.72 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria –Lompoc

$4.10

 +1 cent

 $4.70 (6/21/08)

 

Riverside

$4.03

 +2 cents

$4.68 (10/8/12)

 

 

 

 

San Bernardino

$4.04

 +2 cents

 $4.68 (10/8/12)

 

 

 

 

Ventura

$4.09

 +2 cents

 $4.68 (10/7/12)

 

 

 

 

Bakersfield

$4.02

 +5 cents

 $4.64 (10/9/12)