(LOS ANGELES, Oct. 3, 2008) - As of this week, Southern California gas prices have dropped by more than $1 since reaching new all-time records in June, 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 $3.594 per gallon, which is 6.2 cents less than last week, 27 cents lower than last month, and .63 above last year. In San Diego, the price is $3.597, which is 6 cents under last week's price, 25 cents below last month, and .61 higher than last year. On the Central Coast, the average price is $3.689, down 5.4 cents from last week, 32 cents below last month, and .58 more than last year. In the Inland Empire, the average per gallon price is $3.588, which is 5.9 cents under last week, down 26 cents from last month, and .62 higher than last year.

 

"Gas prices have dropped by 20 percent in a little less than four months, and we're continuing to experience pretty sizable decreases of about a penny a day," said Auto Club spokesperson Jeffrey Spring. "Californians are still paying less for gasoline on average than many states in the South, which continue to deal with supply shortages as a result of Hurricane Ike."

 

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m. Oct. 3:

 

 

Area	Regular	One-week change	Record Price
Los Angeles – Long Beach	$3.594	- 6.2 cents	$4.626 (6/21/08)
Orange County	$3.571	- 6.3 cents	$4.598 (6/19/08)
San Diego	$3.597	- 6.0 cents	$4.630 (6/19/08)
Santa Barbara – Santa Maria – Lompoc	$3.689	- 5.4 cents	$4.709 (6/21/08)
Riverside – San  Bernardino	$3.588	- 5.9 cents	$4.614 (6/22/08)
Bakersfield	$3.732	- 6.1 cents	$4.591 (6/24/08)
Las Vegas, NV	$3.472	- 4.4 cents	$4.279 (6/21/08)