Gas Prices Continue Inching Down For Third Week

Southern California gas prices continued creeping down slowly for the third straight week, according to the Automobile Club of Southern California’s Weekend Gas Watch. The state average is $4.133 a gallon for regular today – 1.6 cents lower than last week.
 
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.140 per gallon, which is 1.7 cents less than last week, three-tenths of one cent higher than last month, and 25 cents higher than last year. In San Diego, the price is $4.118, 1.5 cents below last week, one-tenth of a cent above last month, and 23 cents higher than last year. On the Central Coast, the average price is $4.173, down 1.3 cents from last week, 1.7 cents higher than a month ago, and 23 cents above last year. In the Inland Empire, the average per gallon price is $4.109, down 1.5 cents from last week, four-tenths of a cent lower than last month, and 24 cents more than last year.
 
“There’s been a big dip in oil prices in the last week, but that hasn’t yet made its way to the pumps,” said Auto Club spokesperson Jeffrey Spring. “For the last two to three weeks, bargain shoppers have been able to pay pump prices that are less than $4 a gallon.”
  
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Sept. 27, averages are:
 
Area                   
Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$4.140
-1.7 cents
 $4.626 (6/21/08)
 
 
 
 
Orange County
$4.112
-1.7 cents
 $4.598 (6/19/08)
 
 
 
 
San Diego
$4.118
-1.5 cents
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$4.173
-1.3 cents
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$4.109
-1.5 cents
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$4.136
No change
 $4.591 (6/24/08)
 
 
 
 
Ventura
$4.128
-1.8 cents
 $4.625 (6/18/08)

Media Contacts

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