Price Averages Dip Back Below $4 In Most Areas

More Southern California drivers are paying less than $4 a gallon for gasoline, as pump prices dropped for the third week in a row, according to the Automobile Club of Southern California's Weekend Gas Watch. The state average is $3.971 a gallon for regular today – 4.3 cents lower than last week.

 

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.993 per gallon, which is 4.7 cents less than last week, 7 cents higher than last month, and 21 cents lower than last year. In San Diego, the average price is $3.961, which is 4.9 cents below last week, 6 cents above last month, and 21 cents lower than last year. On the Central Coast, the average price is $4.055, down 4.3 cents from last week, 7 cents higher than a month ago, and 21 cents less than last year. In the Inland Empire, the average per-gallon price is $3.965, down 3.6 cents from last week, 8 cents higher than last month, and 21 cents less than last year.

 

“Wholesale prices have remained fairly steady for the past couple of weeks at a level that can easily support continued drops in prices at the pump,” said Auto Club spokesperson Jeffrey Spring. “In a rare situation, local drivers are not paying the most in the continental U.S. for gas – Midwest supply issues have driven price averages higher in Michigan, Illinois, Indiana and Wisconsin than in California.”

 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on June 6, averages are: 

Area                   

Regular

One-week

change

 

Record Price

 

Los Angeles – Long Beach

$3.993 

-4.7  cents

 $4.705 (10/9/12)

 

 

 

 

Orange County

$3.955

-4.9 cents

 $4.690 (10/8/12)

 

 

 

 

San Diego

$3.961

-4.9 cents

 $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$4.055

-4.3 cents

 $4.709 (6/21/08)

 

 

 

 

Riverside – San  Bernardino

$3.965

-3.6 cents

 $4.688 (10/8/12)

 

 

 

 

Bakersfield

$4.007

-2.2 cents

 $4.648 (10/9/12)

 

 

 

 

Ventura

$3.985

-5.1 cents

   $4.689 (10/7/12)