Local Gas Prices Down Slightly For Third Week

Gas Station Clouds Yuya Sekiguchi
Photo by Yuya Sekiguchi http://www.flickr.com/photos/yuyasekiguchi http://creativecommons.org/licenses/by/4.0/ legalcode

Editors note: Riverside and San Bernardino gas prices are now listed separately.

Southern California gas prices are backing down slowly for the third straight week, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail statewide average is $2.97 a gallon for regular unleaded, one penny lower than a week ago.
 
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.00 per gallon, which is one cent lower than last week, three cents lower than last month, and 17 cents higher than last year. In San Diego, the average price is $2.98, which is one cent lower than last week, three cents lower than last month, and 19 cents more than this time last year. On the Central Coast, the average price is $3.06, two cents less than last week, five cents lower than a month ago, and 21 cents higher than last year. In Riverside, the average per-gallon price is $2.94, three cents less than last week, two cents less than this time last month, and 15 cents more than last year.

“Continued lower oil prices have reduced production costs at refineries nationwide, and so far the seasonal increased demand has not caused gas prices to rise,” said Auto Club spokesman Jeffrey Spring.  “If this stability continues, motorists should be able to plan their summer road trip budgets with gas prices that are higher than last year, but lower than every other year since 2009. Drivers can visit http://gasprices.aaa.com for a Gas Cost Calculator to give them a real-time estimate for road trip fuel costs based on their vehicle make and model as well as current gas prices.”

 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on May 11, averages are:

 

Area

Regular

1-week change

Record Price

Los Angeles – Long Beach

$3.00

 -1 cent

 $4.70 (10/9/12)

 

 

 

 

Orange County

$2.99

 -1 cent

 $4.69 (10/8/12)

 

 

 

 

San Diego

$2.98

 -1 cent

 $4.72 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria –Lompoc

$3.06

 -2 cents

 $4.70 (6/21/08)

 

Riverside

$2.94

 -3 cents

 $4.68 (10/8/12)

 

 

 

 

San Bernardino

$2.97

No change

$4.68 (10/8/12)

 

 

 

 

Ventura

$2.98

 -1 cent

 $4.68 (10/7/12)

 

 

 

 

Bakersfield

$2.98

 -1 cent

 $4.64 (10/9/12)