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Gas Prices Stop Dropping, Hover Near $3

one cent
Photo by slgckgc https://www.flickr.com/people/slgc/ https://creativecommons.org/licenses/ by/4.0/

Southern California gas prices stopped dropping in the last week but have increased by just a penny or less, remaining near $3-a-gallon averages, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail statewide average is $2.979 a gallon for regular unleaded, six-tenths of one cent higher than a week ago.
 
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.022 per gallon, which is one penny higher than last week, four cents lower than last month, and 16 cents higher than last year. In San Diego, the average price is $3.01, which is six-tenths of one cent higher than last week, two cents lower than last month, and 18 cents more than this time last year. On the Central Coast, the average price is $3.096, six-tenths of one cent more than last week, two cents higher than a month ago, and 21 cents higher than last year. In the Inland Empire, the average per-gallon price is $2.974, half a cent more than last week, two cents less than this time last month, and 14 cents more than last year.

“Wholesale gasoline prices have been increasing fairly steadily for more than two weeks, so there is no longer room for pump prices to drop,” said Auto Club spokesman Jeffrey Spring.  “But the good news is that so far, we haven’t seen any supply concerns that would cause a large price spike that is typical for this time of year.”

 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on April 6, averages are:

 

Area

Regular

1-week change

Record Price

Los Angeles – Long Beach

$3.022

+1.0 cent

  $4.705 (10/9/12)

 

 

 

 

Orange County

$3.008

+1.1 cents

 $4.690 (10/8/12)

 

 

 

 

San Diego

$3.010

+0.6 cent

 $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria –

Lompoc

$3.096

+0.6 cent

 $4.709 (6/21/08)

 

 

 

 

Riverside – San Bernardino

$2.974

 +0.5 cent

 $4.688 (10/8/12)

 

 

 

 

Ventura

$3.009

+0.5 cent

 $4.689 (10/7/12)

 

 

 

 

Bakersfield

$2.957

+1.8 cents

 $4.648 (10/9/12)

CST 1016202-80 Copyright © Automobile Club of Southern California. All Rights Reserved.
The Automobile Club of Southern California is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in the following California counties: Inyo, Imperial, Kern, Los Angeles, Mono, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, Tulare, and Ventura.