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LA Gas Prices Are A Penny Below All-Time Record, But Relief Could Be In Sight

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Today’s Los Angeles gas price average is less than a penny below its all-time record level reached in October 2012, while the statewide gas price average has been setting new records daily since Sunday, according to the Auto Club’s Weekend Gas Watch.  The average price for self-serve regular gasoline in California is $4.70, which is five cents higher than last week.  The average national price is $3.41, which is down less than a penny from a week ago.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.69 per gallon, which is seven cents higher than last week, 19 cents higher than last month, and $1.54 higher than last year. In San Diego, the average price is $4.65, which is up seven cents from last week, 21 cents higher than last month, $1.50 higher than last year, and eight cents below its all-time record price.

On the Central Coast, the average price is $4.64, which is seven cents higher than last week, 19 cents higher than last month, $1.45 higher than last year, and seven cents below the record.  In Riverside, the average per-gallon price is $4.61, which is seven cents higher than last week, 21 cents higher than last month, $1.51 higher than last year and eight cents below the record. In Bakersfield, the $4.62 average price is four cents higher than last week, 20 cents higher than last month, $1.51 higher than a year ago today and three cents below the record price.

“Wholesale Los Angeles gasoline prices have backed off their highest levels of the year during the past week, but it appears gas stations are still catching up with the increases from last week caused by statewide supply issues and high oil prices that have since back down a little,” said Auto Club spokesman Jeffrey Spring. “This year is shaping up to be the most expensive one ever for Southern California drivers filling up their tanks, with the year-to-date Los Angeles price averaging $4.12 per gallon for regular unleaded. The second most expensive year for gas was 2012, when the annual gas price average for Los Angeles drivers was $4.06.”

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Nov. 18, averages are:

Nov 18

 

Media Contacts

Marie Montgomery
(714) 420-0477 (cell)
Montgomery.Marie@aaa-calif.com
Jeffrey Spring
(714) 742-7754
Spring.Jeffrey@aaa-calif.com
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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.