(LOS ANGELES, April 6, 2007) — Gas prices continued rising by almost a penny a day in most Southern California cities over the past week, coming within 15 cents of the all-time record prices set last May, 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 $3.260, which is 5.5 cents higher than last week, 38 cents higher than last month, and 42 cents higher than last year. In San Diego, the price is $3.291, which is 6.6 cents above last week�s price, 38 cents above last month, and 47 cents above last year. On the Central Coast, the average price is $3.365, up 5.6 cents from last week, 35 cents above last month, and 44 cents higher than last year. In the Inland Empire, the average price is $3.287, 6.3 cents above last week, 40 cents higher than last month, and 45 cents higher than last year.
�California still has by far the highest gas prices in the country, but other states� prices rose even more rapidly than California over the last week, and Nevada has just become the second state with a gas price average over $3 a gallon,� said Auto Club spokesperson Carol Thorp. �Crude oil prices have come down in the last week, but recent international incidents in the Middle East have added another layer of volatility to the market.�
The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., April 6:
|Area||Regular||One-week change||Record price|
|Los Angeles – Long Beach||$3.260||+5.5 cents||$3.402 (5/13/2006)|
|Orange County||$3.234||+5.3 cents||$3.371 (5/17/2006)|
|San Diego||$3.291||+6.6 cents||$3.438 (5/15/2006)|
|Santa Barbara - Santa Maria - Lompoc||$3.365||+5.6 cents||$3.491 ( 5/16/2006)|
|Riverside - San Bernardino||$3.287||+6.3 cents||$3.445 ( 5/15/2006)|
|Bakersfield||$3.288||+6.9 cents||$3.450 ( 5/16/2006)|
|Las Vegas, NV||$2.951||+7.6 cents||$3.176 ( 5/17/2006)|