(LOS ANGELES, Oct. 26, 2007) – Gas prices continued inching up during the past week, with most Southland stations posting prices for regular gasoline 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 $3.123, which is 3.8 cents higher than last week, 16 cents above last month, and 65 cents more than last year. In San Diego, the price is $3.166, which is 3.4 cents above last week's price, 18 cents up from last month, and 72 cents higher than last year. On the Central Coast, the average price is $3.261, up 2.7 cents from last week, 15 cents above last month, and 51 cents more than last year. In the Inland Empire, the average price is $3.121, 3.9 cents more than last week, 16 cents above last month, and 68 cents higher than last year.
"While prices still increased last week, the amount was half of the prior week increase," said Auto Club spokesperson Carol Thorp. "It's hard to say whether this represents only a slight break or if prices are close to reaching their top."
The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Oct. 26:
|Area||Regular||One-week change||Record price|
|Los Angeles – Long Beach||$3.123||+ 3.8 cents||$3.487 (5/9/2007)|
|Orange County||$3.095||+ 3.3 cents||$3.479 (5/8/2007)|
|San Diego||$3.166||+ 3.4 cents||$3.503 (5/8/2007)|
|Santa Barbara - Santa Maria - Lompoc||$3.261||+ 2.7 cents||$3.614 (5/15/2007)|
|Riverside - San Bernardino||$3.121||+ 9 cents||$3.486 (5/8/2007)|
|Bakersfield||$3.107||+ 3.9 cents||$3.489 (5/7/2007)|
|Las Vegas, NV||$2.909||+ 6 cents||$3.209 (5/29/2007)|