Local Gas Prices Continue to Drop

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Average gasoline prices in all regions have continued to fall, marking the fourth consecutive week of price drops, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail state average is $3.932 a gallon for regular today, 4.6 cents less than last week.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.928 per gallon, which is 6.1 cents less than last week, 25.1 cents less than last month, and 6.1 cents lower than last year. In San Diego, the average price is $3.899, which is 5 cents less than last week, 25.4 cents higher than last month, and 7.41 cents lower than last year. On the Central Coast, the average price is $3.999, 5.6 cents less than last week, 17.2 cents lower than a month ago, and 6.8 cents less than last year. In the Inland Empire, the average per-gallon price is $3.894, down 6.5 cents from last week, 25.2 cents less than last month, and 7.7 cents less than last year.

“An improving supply situation combined with typical downward trends during the end of summer has brought continued price drops,” said Auto Club spokesman Jeffrey Spring. “The average retail price of gasoline is now below $4 per gallon in all the surveyed areas of the region.”

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

Area

Regular

One-week

change

Record Price

Los Angeles – Long Beach

$3.928

   -6.1 cents

$4.705 (10/9/12)

 

 

 

 

Orange County

$3.900

-5.0 cents

$4.690 (10/8/12)

 

 

 

 

San Diego

$3.899

   -5.0 cents

$4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$3.999

 -5.6 cents

$4.709 (6/21/08)

 

 

 

 

Riverside – San Bernardino

$3.894

-6.5 cents

$4.688 (10/8/12)

Ventura

$3.927

 -4.6 cents

$4.689 (10/7/12)

 

 

 

 

Bakersfield

$3.965

-3.9 cents

$4.648 (10/9/12)