Auto Club: Gas Prices Tick Up Slightly After Nine Weeks Of Drops

(LOS ANGELES, July 20, 2007) – Gas prices rose slightly in most areas of the Southland over the past 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 $3.110, which is 1.1 cents higher than last week, ten cents below last month, and 17 cents under last year. In San Diego, the price is $3.128, which is 1.2 cents above last week’s price, six cents under last month, and 19 cents cheaper than last year. On the Central Coast, the average price is $3.331, up 1.9 cents from last week, nine cents under last month, and eight cents below last year. In the Inland Empire, the average price is $3.089 – two-tenths of a cent higher than last week, eight cents under last month, and 22 cents cheaper than last year.

"Once again, the oil and gasoline market is particularly volatile," said Auto Club spokesperson Carol Thorp. "Prices throughout Southern California this week have been up one day and down another day. It’s hard to know whether this is just a plateau before prices continue downward, or if it's the start of another upward climb."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., July 20:

Area RegularOne-week change Record price
Los Angeles – Long Beach $3.110+ 1.1 cents $3.487 (5/9/2007)
Orange County $3.070 + 1.2 cents $3.479 (5/8/2007)
San Diego $3.128+ 1.2 cents $3.503 (5/8/2007)
Santa Barbara - Santa Maria - Lompoc $3.331 + 1.9 cents $3.614 (5/15/2007)
Riverside - San Bernardino $3.089 + 0.2 cent $3.486 (5/8/2007)
Bakersfield$3.153 + 0.7 cent $3.489 (5/7/2007)
Las Vegas, NV $2.989 - 1.5 cents $3.209 (5/29/2007)