(LOS ANGELES, Aug. 15, 2008) - Southern California gas prices have now dropped continuously for the past eight weeks, dropping another 10 cents in the past seven days, 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 $4.071 per gallon, which is 10.8 cents less than last week, 46 cents lower than last month, and $1.18 above last year. In San Diego, the price is $4.023, which is 10.9 cents under last week's price, 48 cents below last month, and $1.10 higher than last year. On the Central Coast, the average price is $4.204, down 9.2 cents from last week, 41 cents below last month, and $1.09 more than last year. In the Inland Empire, the average per gallon price is $4.041, which is 11.4 cents under last week, down 47 cents from last month, and $1.17 higher than last year.
"Despite international turmoil over Russia's incursion into Georgia, oil prices remain on a downward turn," said Auto Club spokesperson Jeffrey Spring. "The most recent federal traffic volume report shows that Californians drove an estimated 1.1 billion fewer miles in May 2008 compared to May 2007 or about a 3.7 percent decline. Still, we are paying over a dollar per gallon more than we were paying at this time last year, so the Auto Club encourages drivers to continue shopping for the lowest prices available and conserving fuel."
The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m. Aug. 15:
- 10.8 cents
- 10.3 cents
- 10.9 cents
- 9.2 cents
- 11.4 cents
- 7.0 cents
- 6.6 cents