Continued reports of high gasoline inventory have are moving gasoline prices in Southern California downward in most areas, although not very quickly, according to the Automobile Club of Southern California’s Weekend Gas Watch. Today’s retail statewide average is $3.22 a gallon for regular unleaded, one cent lower than last week.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.21 per gallon, which is one cent lower than last week, unchanged from a month ago, and 59 cents lower than last year. In San Diego, the average price is $3.20, which is one cent lower than last Thursday, one cent more than last month, and 45 cents lower than last year.
On the Central Coast, the average price is $3.23, which is unchanged from last week and last month, and 59 cents lower than last year. In Riverside, the average per-gallon price is $3.16, which is one cent lower than last week, one cent lower than last month, and 54 cents lower than last year. In Bakersfield, the $3.15 average price is one cent lower than last week, unchanged from last month, and 60 cents lower than a year ago today.
“California gasoline stockpiles are reportedly at their highest levels in four months, according to the California Energy Commission and Oil Price Information Service,” said Auto Club spokesman Jeffrey Spring. “However, gasoline stations are seeing reduced business and seem more reluctant to cut pump prices quickly.”
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Sept. 24, averages are: