Gas Prices Barely Budge Before Traditional Time of Year for Price Drops

(LOS ANGELES, Sept. 30, 2010) – For the third week in a row, local gas price averages hovered just below $3 a gallon in most areas, moving very little over the past week, 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 $2.975 per gallon, which is four-tenths of a cent less than last week, eight cents lower than last month, and 12 cents lower than last year. In San Diego, the price is $2.985, seven-tenths of a penny lower than last week’s price, eight cents below last month, and nine cents lower than last year. On the Central Coast, the average price is $3.044, up half a penny from last week, 11 cents lower than a month ago, and 14 cents below last year. In the Inland Empire, the average per gallon price is $2.965, which is half a cent higher than last week, 11 cents lower than last month, and 14 cents less than last year.
 
“This is just the seventh week this year that we’ve seen widespread gas prices below $3 a gallon,” said Auto Club spokesperson Jeffrey Spring.  “We’re heading into the last two months of the year when demand and gas prices usually drop, but so far we haven’t experienced big price reductions.”
 
The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on Sept. 30, averages are:
 
Area                   
 Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$2.975
     -0.4 cent
 $4.626 (6/21/08)
 
 
 
 
Orange County
$2.967
     -0.3 cent
 $4.598 (6/19/08)
 
 
 
 
San Diego
$2.985
     -0.7 cent
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$3.044
     +0.5 cent
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$2.965
     +0.5 cent
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$3.099
      -0.9 cent
 $4.591 (6/24/08)
 
 
 
 
Ventura
$2.974
      +0.2 cent
 $4.625 (6/18/08)