Gas Prices Increase For Sixth Week

(LOS ANGELES, Oct. 12, 2007) – Gas prices continued inching up during the past week, with increasing numbers of Southland stations posting prices above $3 a gallon, 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 $2.994, which is 1.9 cents higher than last week, 17 cents above last month, and 38 cents more than last year. In San Diego, the price is $3.029, which is 2.7 cents above last week's price, 14 cents up from last month, and 51 cents higher than last year. On the Central Coast, the average price is $3.131, up 1.7 cents from last week, 11 cents above last month, and 25 cents more than last year. In the Inland Empire, the average price is $2.992, 1.9 cents more than last week, 16 cents above last month, and 43 cents higher than last year.

"We are seeing our sixth straight week of price increases, but for the most part prices have been climbing gradually rather than spiking sharply," said Auto Club spokesperson Carol Thorp. "In late summer and early fall for three of the past four years, we saw very rapid price increases ranging from 15 to 25 percent in a one-month period. Over this past month, in comparison, local gas prices have risen by about 6 percent."

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

Area RegularOne-week change Record price
Los Angeles – Long Beach $2.994+ 1.9 cents$3.487 (5/9/2007)
Orange County $2.976+ 2.7 cents$3.479 (5/8/2007)
San Diego $3.029+ 2.7 cents $3.503 (5/8/2007)
Santa Barbara - Santa Maria - Lompoc $3.131+ 1.7 cents$3.614 (5/15/2007)
Riverside - San Bernardino $2.992+ 1.9 cents$3.486 (5/8/2007)
Bakersfield$3.013+ 3 cents$3.489 (5/7/2007)
Las Vegas, NV $2.793+ 3.3 cents $3.209 (5/29/2007)