Gas Prices Inch Down

Gas Prices
hand at gas pump

Southern California gas prices moved downward in the last week, with most areas showing a drop of about 3-4 cents per gallon, according to the Automobile Club of Southern California's Weekend Gas Watch. The state average is $3.623 a gallon for regular today – 3.3 cents lower than last week.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.620 per gallon, which is 3.7 cents less than last week, 2.4 cents lower than last month, and 13 cents lower than last year. In San Diego, the average price is $3.615, which is 3.2 cents below last week, 1.5 cents lower than last month, and 9.4 cents lower than last year. On the Central Coast, the average price is $3.649, down 3 cents from last week, 0.4 cents lower than a month ago, and 9 cents less than last year. In the Inland Empire, the average per-gallon price is $3.613, down 3.1 cents from last week, even with last month, and 9 cents less than last year.

“We are continuing to see the results of reduced Los Angeles wholesale prices, but at the same time the price of crude oil has increased during the past week, so that may be tempering the rate of decline in retail prices,” said Auto Club spokesman Jeffrey Spring.

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Jan. 23, averages are: 

 

 

Area                   

Regular

One-week

change

 

Record Price

 

Los Angeles – Long Beach

$3.620

-3.7 cents

 $4.705 (10/9/12)

 

 

 

 

Orange County

$3.606

-3.5 cents

 $4.690 (10/8/12)

 

 

 

 

San Diego

$3.615

  -3.2 cents

 $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$3.649

-3.0 cents

 $4.709 (6/21/08)

 

 

 

 

Riverside – San  Bernardino

$3.613

-3.1 cents

 $4.688 (10/8/12)

Ventura

$3.620

-3.8 cents

   $4.689 (10/7/12)