(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:
- 6.2 cents
- 6.3 cents
- 6.0 cents
- 5.4 cents
- 5.9 cents
- 6.1 cents
- 4.4 cents