More Plateaus for Gas Prices

(LOS ANGELES, Dec. 2, 2010) –Gas prices continue to hold stead at averages above $3.10 in most areas during a time of year that typically brings a downturn at the pump, 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 $3.136 per gallon, which is a penny less than last week, two cents higher than last month, and 18 cents higher than last year. In San Diego, the price is $3.153, unchanged from last week, four cents above last month, and 23 cents higher than last year. On the Central Coast, the average price is $3.196, down nine-tenths of a penny from last week, two cents higher than a month ago, and 22 cents above last year. In the Inland Empire, the average per gallon price is $3.125, which is seven-tenths of a cent lower than last week, one cent higher than last month, and 19 cents more than last year.
 
“Encouraging economic news along with higher crude oil prices this fall may be the primary factors in keeping local gas prices high,” said Auto Club spokesperson Jeffrey Spring. “In November and December, prices typically drop with the temperatures as demand reaches a low point for the year.”
 
The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on Nov. 24, averages are:
 
Area                   
 Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$3.136
     -1.0 cent
 $4.626 (6/21/08)
 
 
 
 
Orange County
$3.132
     -0.8 cent
 $4.598 (6/19/08)
 
 
 
 
San Diego
$3.153
     No change
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$3.196
     -0.9 cent
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$3.125
     -0.7 cent
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$3.213
      +0.2 cent
 $4.591 (6/24/08)
 
 
 
 
Ventura
$3.145
      -1.2 cents
 $4.625 (6/18/08)

Media Contacts

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