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Gas Prices Continue Upward On Supply Worries

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Slightly reduced gasoline production and inventories are continuing to put upward pressure on Southern California gas prices, bringing most average prices above $4 a gallon this week, according to the Automobile Club of Southern California’s Weekend Gas Watch. Today’s retail statewide average is $4.01 a gallon for regular unleaded, which is three cents higher than last week.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.06 per gallon, which is three cents higher than last week, 11 cents higher than last month, and $1.23 higher than last year. In San Diego, the average price is $4.05, which is three cents higher than last week, 10 cents more than than last month, and $1.26 higher than last year.

On the Central Coast, the average price is $4.04, which is four cents higher than last week, 14 cents higher than last month, and $1.12 higher than last year.  In Riverside, the average per-gallon price is $3.99, which is three cents higher than last week, 11 cents higher than last month, and $1.32 higher than last year. In Bakersfield, the $3.91 average price is three cents higher than last week, nine cents higher than last month, and $1.34 higher than a year ago today.

“The California Energy Commission reported Wednesday that California gasoline production is down one percent from the previous week and inventories are down by almost four percent,” said Auto Club spokesman Jeffrey Spring. “Two Southern California refineries announced some planned maintenance for the end of this week, and several more reported unplanned outages in the last couple of weeks.”

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on April 29, averages are:

April 29

 

Media Contacts

Marie Montgomery
(714) 420-0477 (cell)
Montgomery.Marie@aaa-calif.com
Doug Shupe
LA-based media contact
(512) 659-1632
shupe.doug@aaa-calif.com
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The Automobile Club of Southern California is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in the following California counties: Inyo, Imperial, Kern, Los Angeles, Mono, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, Tulare, and Ventura.