Gas Prices Bounce Back Up

Southern California gas prices jumped sharply during this past weekend in many areas, but have been dropping or holding steady over the last few days, 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 $3.067 per gallon, which is 6.1 cents more than last week, 8.4 cents lower than last month, and 14 cents higher than last year. In San Diego, the price is $3.067, which is 5.8 cents higher than last week’s price, 8.3 cents below last month, and 12 cents higher than last year. On the Central Coast, the average price is $3.131, 5.8 cents more than last week, 7.7 cents lower than a month ago, and 16 cents above last year. In the Inland Empire, the average per gallon price is $3.049, which is 5.7 cents higher than last week, 9.6 cents lower than last month, and 13 cents more than last year.

 “Oil industry analysts tell us a sharp but brief increase in California wholesale gasoline prices caused this latest mini-spike,” said Auto Club spokesperson Jeffrey Spring. “News of an unscheduled refinery unit shutdown in Carson on May 26 was the primary cause of the wholesale price increase, but that unit reportedly is now back up and running.”
 
The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on June 10, averages are:
 
Area                   
 Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$3.067
     +6.1 cents
 $4.626 (6/21/08)
 
 
 
 
Orange County
$3.058
     +4.7 cents
 $4.598 (6/19/08)
 
 
 
 
San Diego
$3.067
     +5.8 cents
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$3.131
     +5.8 cents
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$3.048
     +5.7 cents
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$3.118
      +3.6 cents
 $4.591 (6/24/08)
 
 
 
 
Ventura
$3.083
      +5.6 cents
 $4.625 (6/18/08)

Media Contacts

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