Local Gas Prices At Two-Year High After Harvey Spike

Oil Pump by Roy Luck
Photo by Roy Luck https://www.flickr.com/photos/royluck/   creativecommons.org/licenses/by/4.0/  

Despite receiving no gasoline supplies from the Hurricane Harvey-ravaged Gulf Coast, Southern California experienced a double-digit weekly increase in pump prices that lifted them to levels not seen since September 2015, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail statewide average is $3.14 a gallon for regular unleaded, 12 cents higher than a week ago.
 
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.19 per gallon, which is 13 cents more than last week, 21 cents above last month, and 46 cents higher than last year. In San Diego, the average price is $3.15, which is 12 cents above last week, 19 cents more than last month, and 43 cents more than this time last year. On the Central Coast, the average price is $3.19, which is up 11 cents from last week, 16 cents higher than last month, and 42 cents higher than last year. In the Inland Empire, the average per-gallon price is $3.11, which is 12 cents more than last week, 19 cents more than last month, and 44 cents more than at this time last year.

“The national gas price average has risen by 34 cents in the past two weeks to $2.67 a gallon – the worst national gas price spike since Hurricane Katrina in 2005, which pushed the U.S. price average up by about 45 cents a gallon to a high point of $3.06,” said Auto Club spokesman Jeffrey Spring.  “Even though California receives no supply from Gulf Coast refineries, concern about the overall national supply chain has caused local drivers to see a two-week price increase of about 17 cents a gallon. However, wholesale prices locally have dropped in the last few days and as more Texas refineries return to production, we expect to see pump prices come back down provided no other disruption occurs.”

 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Sept. 7, averages are:

 

Area

Regular

1-week change

Record Price

Los Angeles – Long Beach

$3.19

 +13 cents

 $4.70 (10/9/12)

 

 

 

 

Orange County

$3.16

 +12 cents

 $4.69 (10/8/12)

 

 

 

 

San Diego

$3.15

 +12 cents

 $4.72 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria –Lompoc

$3.19

 +11 cents

 $4.70 (6/21/08)

 

Riverside/San Bernardino

$3.11

 +12 cents

 $4.68 (10/8/12)

 

 

 

 

Ventura

$3.14

 +13 cents

 $4.68 (10/7/12)

 

 

 

 

Bakersfield

$3.09

 +13 cents

 $4.64 (10/9/12)