Southern California drivers should see more pump prices under $5 a gallon in coming days and weeks with gas prices continuing to plummet, according to the Auto Club’s Weekend Gas Watch. The average price for self-serve regular gasoline in California is $5.82, which is 16 cents lower than last week. The average national price is $4.44, which is 17 cents lower than a week ago.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $5.87 per gallon, which is 19 cents lower than last week, 53 cents lower than last month, and $1.52 higher than last year. In San Diego, the average price is $5.79, which is 19 cents lower than last week, 53 cents lower than last month, and $1.48 higher than last year.
On the Central Coast, the average price is $5.88, which is 11 cents lower than last week, 44 cents lower than last month and $1.57 higher than last year. In Riverside, the average per-gallon price is $5.76, which is 16 cents lower than last week, 53 cents lower than last month and $1.49 higher than a year ago. In Bakersfield, the $6.02 average price is 12 cents lower than last Thursday, 34 cents lower than last month and $1.75 higher than a year ago today.
“As of today, Los Angeles wholesale gasoline prices have dropped by about $1.50 since their highest point in early June and are now at their lowest level since Feb. 28,” said Auto Club spokesperson Doug Shupe. “A few stations in Los Angeles and San Diego counties have already dropped their prices below $5 a gallon, and we would expect more stations will join them provided current trends continue.”
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on July 21, averages are: