Gas Prices Trickle Down

one cent
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Southern California gas prices inched down slowly for a second straight week, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail state average is $2.793 a gallon for regular today, 1.6 cents less than last Thursday.
 
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.839 per gallon, which is 1.7 cents lower than last week, 10 cents higher than last month, and two cents higher than last year. In San Diego, the average price is $2.834, which is two cents lower than last week, 10 cents higher than last month, and five cents more than this time last year. On the Central Coast, the average price is $2.884, 1.3 cents less than last week, 13 cents higher than a month ago, and 14 cents higher than last year. In the Inland Empire, the average per-gallon price is $2.795, 1.5 cents less than last week, 11 cents more than this time last month, and one cent more than last year.

“Last year at this time, Southern California gas prices were plunging rapidly because of excess supply of the winter blend of gasoline, which can only be sold at most local gas pumps until April 1 due to air quality requirements,” said Auto Club spokesman Jeffrey Spring.  “Unfortunately for motorists, at the moment there are no indications we will get a similar sharp plunge in prices before they start moving upward during the annual switch to using the summer blend of gasoline.”

 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Jan. 26, averages are:

 

Area

Regular

1-week change

Record Price

Los Angeles – Long Beach

$2.839

-1.7 cents

  $4.705 (10/9/12)

 

 

 

 

Orange County

$2.825

-2.1 cents

 $4.690 (10/8/12)

 

 

 

 

San Diego

$2.834

-2.0 cents

 $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria –

Lompoc

$2.884

-1.3 cents

 $4.709 (6/21/08)

 

 

 

 

Riverside – San Bernardino

$2.795

 -1.5 cents

 $4.688 (10/8/12)

 

 

 

 

Ventura

$2.828

-1.7 cents

 $4.689 (10/7/12)

 

 

 

 

Bakersfield

$2.772

-1.2 cents

 $4.648 (10/9/12)