Auto Club: Gas Prices Continue to Plummet

Weekly Fuel Prices Report

(LOS ANGELES, Oct. 6, 2006) — Gas price averages for every Southern California metropolitan area have continued to fall the seventh straight 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 $2.679, which is 2.5 cents lower than last week, 40 cents lower than last month and 29 cents lower than last year. In San Diego, the price is $2.586, 8.5 cents below last week's price, 48 cents below last month and 42 cents below last year. On the Central Coast, the average price is $2.928, down 6.2 cents from last week, 35 cents below last month and 12.5 cents lower than last year. In the Inland Empire, the average price is $2.627, down 9.5 cents from last week, 47 cents below last month and 36 cents lower than last year.

"Even as prices are falling, consumers should still shop for the best price because some stations will lower their prices more aggressively than others," said Auto Club spokesperson Carol Thorp. "OPEC also said this week that it's considering cutting its output of oil by 1 million barrels a day. But right now pump prices continue to head down in Southern California."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Oct. 6:

Change from last week
Record Price
Los Angeles – Long Beach $2.679 - 2.5 cents $3.402 (5/13/2006)
Orange County $2.605 - 8.1 cents $3.371 (5/17/2006)
San Diego $2.586 - 8.5 cents $3.438 (5/15/2006)
Santa Barbara – Santa Maria – Lompoc $2.928 - 6.2 cents $3.491 (5/16/2006)
Riverside – San Bernardino $2.627 - 9.5 cents $3.445 (5/15/2006)
Bakersfield $2.621 - 7.3 cents $3.450 (5/16/2006)
Las Vegas, NV $2.627 - 7.3 cents $3.176 (5/17/2006)