Gas Prices Down For Five Straight Weeks

Gilmore Gas
Photo by Stefanus Prayitno

At a time of year when Southern Californians are often paying $4 a gallon for fuel, cheap crude oil and plentiful supplies continue to pull more pump prices below $3 a gallon, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail state average is $3.130 a gallon for regular today, 4.7 cents less than last week.

 

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.177 per gallon, which is 4.6 cents less than last week, 34 cents less than last month, and 96 cents lower than last year. In San Diego, the average price is $3.156, which is 5.3 cents less than last week, 33 cents lower than last month, and 95 cents lower than last year. On the Central Coast, the average price is $3.169, 4.5 cents less than last week, 32 cents lower than a month ago, and 97 cents less than last year. In the Inland Empire, the average per-gallon price is $3.152, down 4.4 cents from last week, 32 cents less than last month, and 94 cents less than last year.

 

“Southern California supplies are stable despite the temporary shutdown of the Exxon Mobil refinery in Torrance, which is closed while repairs are being made from a February explosion,” said Auto Club spokesman Jeffrey Spring. “Oil industry analysts report that most local refinery maintenance has been completed, reducing the risk of further incidents that would lead to another price spike this spring.”

 

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

 

Area

  Regular   

 One-week   

change

Record Price

Los Angeles – Long Beach

$3.177

   -4.6 cents  

   $4.705 (10/9/12)

 

 

 

 

Orange County

$3.133

-4.7 cents

 $4.690 (10/8/12)

 

 

 

 

San Diego

$3.156

   -5.3 cents

 $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$3.169

 -4.5 cents

 $4.709 (6/21/08)

 

 

 

 

Riverside – San Bernardino

$3.152

 -4.4 cents

 $4.688 (10/8/12)

 

 

 

 

Ventura

$3.165

 -5.2 cents

 $4.689 (10/7/12)

 

 

 

 

Bakersfield

$3.208

-2.2 cents

$4.648 (10/9/12)