Local Gas Prices Leap By Double Digits

gas pump upper horizontal

A Southern California refinery strike coupled with seasonal refinery maintenance have pushed price averages up by double digits in most local areas back over $2.50 a gallon this past week, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail state average is $2.527 a gallon for regular today, 8.8 cents more than last week.

 

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.566 per gallon, which is 10.5 cents more than last week, 12 cents less than last month, and $1.06 lower than last year. In San Diego, the average price is $2.526, which is 10.1 cents more than last week, 13 cents lower than last month, and $1.10 lower than last year. On the Central Coast, the average price is $2.580, 8.8 cents more than last week, 19 cents lower than a month ago, and $1.06 less than last year. In the Inland Empire, the average per-gallon price is $2.496, up 9.5 cents from last week, 14 cents less than last month, and $1.11 less than last year.

 

“Los Angeles wholesale gasoline prices zoomed up last Friday, Monday and Tuesday by 25 cents, likely on news of a strike at the Tesoro refinery in Carson, but plummeted again by 13 cents yesterday,” said Auto Club spokesman Jeffrey Spring. “At current levels, the margin between wholesale and retail prices is closer than it’s been for several months, meaning that prices are likely to rise more in the near future.”

 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Feb. 5, averages are: 

 

Area

Regular

One-week

change

Record Price

Los Angeles – Long Beach

$2.566

   +10.5 cents

  $4.705 (10/9/12)

 

 

 

 

Orange County

$2.553

+12.0 cents

  $4.690 (10/8/12)

 

 

 

 

San Diego

$2.526

   +10.1 cents  

  $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$2.580

 +8.8 cents

  $4.709 (6/21/08)

 

 

 

 

Riverside – San Bernardino

$2.496

 +9.5 cents

  $4.688 (10/8/12)

 

 

 

 

Ventura

$2.544

 +10.4 cents

  $4.689 (10/7/12)

 

 

 

 

Bakersfield

$2.530

+1.9 cents

  $4.648 (10/9/12)