Gas Prices Reverse Course, Head Up Again

(LOS ANGELES – Oct. 13, 2011) –Gas prices only had a chance to drop by 12 to 15 cents over a four-week period before heading back upward over the past week, 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 $3.845 per gallon, which is 2.9 cents higher than last week, 11.7 cents lower than last month, and 76 cents higher than last year. In San Diego, the price is $3.837, an increase of 3.1 cents from last week, 13.4 cents below last month, and 73 cents higher than last year. On the Central Coast, the average price is $3.896, up 3.9 cents from last week, 8.9 cents lower than a month ago, and 74 cents above last year. In the Inland Empire, the average per gallon price is $3.808, up 1.3 cents from last week, 13.2 cents lower than last month, and 72 cents more than last year.
 
“It’s discouraging to have prices head up again without them even reaching below $3.80 a gallon in most areas,” said Auto Club spokesperson Jeffrey Spring. “Oil industry analysts say that maintenance at refineries, coupled with increased imports, is keeping gasoline supplies tight in California at a time of year when we usually see prices decline.”
 
The Weekend Gas Watch monitors the average price of gasoline. As of noon on Oct. 13, averages are:
 
Area                   
 Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$3.845
     +2.9 cents
 $4.626 (6/21/08)
 
 
 
 
Orange County
$3.825
     +4.8 cents
 $4.598 (6/19/08)
 
 
 
 
San Diego
$3.837
     +3.1 cents
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$3.896
     +3.9 cents
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$3.808
     +1.3 cents
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$3.847
      -0.4 cents
 $4.591 (6/24/08)
 
 
 
 
Ventura
$3.838
      +2.8 cents
 $4.625 (6/18/08)
 
 

Media Contacts

Marie Montgomery
(714) 885-2333
Montgomery.Marie@aaa-calif.com