Local Gas Price Declines Slow Down

Nearly two solid months of gas price drops locally have brought averages down 70 cents from their peak point of 2012 and close to the average price of many other states. But this week Southern California gas prices dropped by less than a penny a day, 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 $3.692 per gallon, which is 3.7 cents less than last week, 41 cents lower than last month, and 10 cents lower than last year. In San Diego, the price is $3.676, 3.2 cents below last week, 40 cents below last month, and 10 cents lower than last year. On the Central Coast, the average price is $3.771, down 3.9 cents from last week, 39 cents lower than a month ago, and 7 cents below last year. In the Inland Empire, the average per gallon price is $3.655, down 4.5 cents from last week, 42 cents lower than last month, and 11 cents less than last year.
 
Los Angeles area gas prices have not been this low since Jan. 3 of this year.
 
“Many other areas of the country, particularly in the Midwest, are experiencing price increases, and most Southern California drivers are now paying lower prices than those in Chicago and New York City,” said Auto Club spokesperson Jeffrey Spring. “Because of the price increases in other areas, it’s uncertain how much longer Southern California will see continued lower gas prices. But for now, local savvy gas shoppers are in the rare position of being able to pay just a few cents a gallon more than today’s national average price of $3.38 a gallon for regular unleaded.”
  
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on July 12, averages are:
 
Area                   
 Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$3.692
      -3.7 cents
 $4.626 (6/21/08)
 
 
 
 
Orange County
$3.643
     -3.5 cents
 $4.598 (6/19/08)
 
 
 
 
San Diego
$3.676
     -3.2 cents
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$3.771
     -3.9 cents
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$3.655
     -4.5 cents
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$3.749
      -5.7 cents
 $4.591 (6/24/08)
 
 
 
 
Ventura
$3.682
      -4.3 cents
 $4.625 (6/18/08)

Media Contacts

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