Gas Prices March up Toward $4 in March

(LOS ANGELES – March 10, 2011) – Southern California gas price increases continued over the past week, although the increases have slowed slightly as averages get closer to $4 a gallon, according to the Automobile Club of Southern California’s Weekend Gas Watch.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.934 per gallon, which is 11.3 cents more than last week, 53 cents higher than last month, and 86 cents higher than last year. In San Diego, the price is $3.955, 12 cents more than last week, 54 cents above last month, and 87 cents higher than last year. On the Central Coast, the average price is $3.970, up 13.1 cents from last week, 52 cents higher than a month ago, and 85 cents above last year. In the Inland Empire, the average per gallon price is $3.913, which is 11.7 cents higher than last week, 52 cents higher than last month, and 84 cents more than last year.
“There are no average prices in major Southern California cities under $3.90 a gallon now,” said Auto Club spokesperson Jeffrey Spring. “However, despite Middle East turmoil, crude oil inventories are at very high levels in the U.S.”
The Weekend Gas Watch monitors the average price of gasoline. As of 11 a.m. on March 10, averages are:
Record Price
Los Angeles – Long Beach
     +11.3 cents
 $4.626 (6/21/08)
Orange County
     +11.3 cents
 $4.598 (6/19/08)
San Diego
     +12.0 cents
 $4.630 (6/19/08)
Santa Barbara – Santa Maria – Lompoc
     +13.1 cents
 $4.709 (6/21/08)
Riverside – San  Bernardino
     +11.7 cents
 $4.614 (6/22/08)
      +10.6 cents
 $4.591 (6/24/08)
      +11.6 cents
 $4.625 (6/18/08)

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