Price Averages Back Below $4 In Most Areas

Gas prices appear to be back on a solid downward trend after a three-week spike that started before Labor Day, according to the Automobile Club of Southern California's Weekend Gas Watch. The state average is $3.960 a gallon for regular today – 6.3 cents lower than last week.

 

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.981 per gallon, which is 6.9 cents less than last week, 14 cents higher than last month, and 16 cents lower than last year. In San Diego, the average price is $3.959, which is 6.3 cents below last week, 12 cents above last month, and 16 cents lower than last year. On the Central Coast, the average price is $4.038, down 4.4 cents from last week, 12 cents higher than a month ago, and 14 cents less than last year. In the Inland Empire, the average per-gallon price is $3.946, down 6 cents from last week, 12 cents higher than last month, and 17 cents less than last year.

 

“Heading into October, California refineries are selling off the last of their summer blend fuel stock in preparation to switch to winter blend production, which can be sold in gas stations after the end of next month,” said Auto Club spokesperson Jeffrey Spring. “The winter blend of gasoline is less expensive to produce. Typically, this is a time of year that gas prices drop, barring any supply problems.”

  

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Sept. 26, averages are: 

Area                   

Regular

One-week

change

 

Record Price

 

Los Angeles – Long Beach

$3.981

-6.9 cents

 $4.705 (10/9/12)

 

 

 

 

Orange County

$3.947

-7.7 cents

 $4.690 (10/8/12)

 

 

 

 

San Diego

$3.959

-6.3 cents

 $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$4.038

-4.4 cents

 $4.709 (6/21/08)

 

 

 

 

Riverside – San  Bernardino

$3.946

-6.0 cents

 $4.688 (10/8/12)

 

 

 

 

Bakersfield

$3.967

-5.2 cents

 $4.648 (10/9/12)

 

 

 

 

Ventura

$3.970

-7.1 cents

   $4.689 (10/7/12)