Southern California gasoline supplies and refinery utilization increased over the past couple of weeks, but local pump prices stayed stable or declined just slightly, according to the Automobile Club of Southern California’s Weekend Gas Watch. Today’s retail statewide average is $3.23 a gallon for regular unleaded, one cent lower than last week.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.22 per gallon, which is the same as last week, two cents higher than a month ago, and 47 cents lower than last year. In San Diego, the average price is $3.21, which is two cents lower than last Thursday, one cent more than last month, and 45 cents lower than last year.
On the Central Coast, the average price is $3.23, which is one cent lower than last week, two cents higher than last month, and 49 cents lower than last year. In Riverside, the average per-gallon price is $3.17, which is unchanged from last week, one cent higher than last month, and 43 cents lower than last year. In Bakersfield, the $3.16 average price is one cent lower than last week, two cents higher than last month, and 54 cents lower than a year ago today.
“Oil Price Information Service reported that West Coast refinery utilization rates were at their highest levels in nearly six months, and gasoline inventories are up as well, which has lowered wholesale prices,” said Auto Club spokesman Jeffrey Spring. “However, the pandemic and drop in business at gas stations seems to have made them more reluctant to lower prices even when their own costs drop.”
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Sept. 17, averages are: