Gas Prices Flatten for the Week

Gas Prices, Automotive
Gas pump by Mike Mozart
Photo by Mike Mozart https://www.flickr.com/photos/jeepersmedia creativecommons.org/licenses/by/4.0/  

Despite a small fire at the El Segundo Chevron refinery earlier this week, Southern California gas prices remained relatively flat compared to the prior week, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail statewide average is $3.04 a gallon for regular unleaded, which is down one cent from a week ago.
 
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.06 per gallon, which is unchanged from last week, 12 cents below last month, and 21 cents higher than last year. In San Diego, the average price is $3.04, also unchanged from last week, 10 cents less than last month, and 22 cents more than this time last year. On the Central Coast, the average price is $3.06, which is unchanged from last week, 12 cents lower than last month, and 23 cents higher than last year. In the Inland Empire, the average per-gallon price is $3.00, which is one cent less than last week, 11 cents less than last month, and 23 cents more than at this time last year.

“Gas price declines hit a plateau this week,” said Auto Club spokesman Jeffrey Spring. “Although inventories are at a 4-high on the West Coast, oil prices have also increased in recent days. So the market may be pausing to determine which direction prices will go in the coming days. ”

 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Oct. 19, averages are:

 

Area

Regular

1-week change

Record Price

Los Angeles – Long Beach

$3.06

 unchanged

 $4.70 (10/9/12)

 

 

 

 

Orange County

$3.02

 unchanged

 $4.69 (10/8/12)

 

 

 

 

San Diego

$3.04

 unchanged

 $4.72 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria –Lompoc

$3.06

 unchanged

 $4.70 (6/21/08)

 

Riverside/San Bernardino

$3.00

 -1 cent

 $4.68 (10/8/12)

 

 

 

 

Ventura

$3.01

 -1 cent

 $4.68 (10/7/12)

 

 

 

 

Bakersfield

$3.04

 unchanged

 $4.64 (10/9/12)