Southland Gas Prices Continue Plateau While Other States Skyrocket

(LOS ANGELES, April 8, 2010) –While prices in many other parts of the country jumped by a penny a day or more, Southern California gas prices changed very little over the last week, 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 $3.099 per gallon, which is five-tenths of a cent more than last week, three cents more than last month, and 77 cents higher than last year. In San Diego, the price is $3.117, which is 1.3 cents more than last week’s price, four cents above last month, and 77 cents higher than last year. On the Central Coast, the average price is $3.172, unchanged from last week, five cents higher than a month ago, and 76 cents above last year. In the Inland Empire, the average per gallon price is $3.102, which is four-tenths of a cent more than last week, four cents more than last month, and 79 cents more than last year.

“Oil industry analysts say last week’s optimistic U.S. jobs report was a major reason t
hat crude oil has been trading at $85 or above for nearly a week – its highest level since October 2008,” said Auto Club spokesperson Jeffrey Spring. “This has quickly pushed up prices in the Midwestern and Eastern states, but California prices have not yet been affected.”

The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on April 8, averages are:
Record Price
Los Angeles – Long Beach
    +0.5 cent
 $4.626 (6/21/08)
Orange County
     No change
 $4.598 (6/19/08)
San Diego
     +1.3 cents
 $4.630 (6/19/08)
Santa Barbara – Santa Maria – Lompoc
     No change
 $4.709 (6/21/08)
Riverside – San  Bernardino
     +0.4 cent
 $4.614 (6/22/08)
      +0.1 cent
 $4.591 (6/24/08)
      -0.1 cent
 $4.625 (6/18/08)

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Marie Montgomery
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