Gas Prices Back Off Highest Levels of 2010

(LOS ANGELES, Aug. 19, 2010) – Southern California gas prices dropped this past week after reaching their highest levels of 2010 in many areas, according to the Automobile Club of Southern California’s Weekend Gas Watch.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.126 per gallon, which is 2.7 cents less than last week, one-tenth of one cent lower than last month, and 7.9 cents higher than last year. In San Diego, the price is $3.137, three cents lower than last week’s price, 1.1 cents above last month, and 9.1 cents higher than last year. On the Central Coast, the average price is $3.182, down 4.1 cents from last week, 1.5 cents lower than a month ago, and 11 cents above last year. In the Inland Empire, the average per gallon price is $3.119, which is 1.7 cents lower than last week, 1.3 cents higher than last month, and 7.3 cents more than last year.
 
“Gas prices appear to be falling in response to disappointing economic news, which has taken its toll on crude oil prices,” said Auto Club spokesperson Jeffrey Spring.  “We are now paying just a few cents more per gallon of gasoline than we were at this time last year.”
 
The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on Aug. 19, averages are:
 
Area                   
 Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$3.126
     -2.7 cents
 $4.626 (6/21/08)
 
 
 
 
Orange County
$3.128
     -3.0 cents
 $4.598 (6/19/08)
 
 
 
 
San Diego
$3.137
     -3.0 cents
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$3.182
     -4.1 cents
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$3.119
     -1.7 cents
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$3.227
      -0.8 cents
 $4.591 (6/24/08)
 
 
 
 
Ventura
$3.141
      -2.2 cents
 $4.625 (6/18/08)

Media Contacts

Marie Montgomery
(714) 885-2333
Montgomery.Marie@aaa-calif.com