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Auto Club: Gas Price Averages Drop Below $5 and May Move Even Lower In Coming Weeks

Picturesque gas station by Wonderlane
Photo by Wonderlane https://www.flickr.com/photos/ wonderlane/ https://creativecommons.org/licenses/ by/4.0/

Most areas of Southern California now have average gas prices of less than $5 a gallon after additional hefty price declines in the last week, according to the Auto Club’s Weekend Gas Watch. The average price for self-serve regular gasoline in California is $4.90, which is 21 cents lower than last week. The average national price is $3.47, which is 12 cents lower than a week ago.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.97 per gallon, which is 21 cents lower than last week, 63 cents lower than last month, and 26 cents higher than last year. In San Diego, the average price is $4.94, which is 21 cents lower than last week, 63 cents lower than last month, and 28 cents higher than last year.

On the Central Coast, the average price is $4.95, which is 20 cents lower than last week, 62 cents lower than last month, and 31 cents higher than last year. In Riverside, the average per-gallon price is $4.84, which is 20 cents lower than last week, 60 cents lower than last month, and 21 cents higher than a year ago. In Bakersfield, the $5.28 average price is 11 cents lower than last week, 50 cents lower than last month, and 63 cents higher than a year ago today.

“Despite a record number of Southern California travelers hitting the road for Thanksgiving, average pump prices have dropped below $5 a gallon for the first time since early March,” said Auto Club spokesperson Doug Shupe. “Oil Price Information Service reports a substantial drop in demand statewide and high unleaded gas inventories. This week Los Angeles wholesale gasoline prices reached their lowest level of 2022, and if that trend holds, we should see additional pump price reductions. The least expensive gas station prices today are about $4.10 a gallon, so it’s possible we will see stations charging less than $4 a gallon soon.”

The Auto Club reminds drivers of the following tips to save money on gas:

  • If you use premium unleaded fuel, make sure it is required for your vehicle, not just recommended. The Auto Club's Automotive Research Center found that vehicles with recommended premium fuel performed safely with regular unleaded gasoline.
  • Make sure your tires are properly maintained and inflated to the correct level.
  • Maintain your car according to the manufacturer’s recommendations. Regular service will ensure optimum fuel economy.
  • Avoid “jackrabbit” starts and hard accelerations. These actions greatly increase fuel consumption.
  • Slow down and drive the speed limit. Fuel economy peaks around 50 mph on most cars, then drops off as speed increases. Reducing freeway speeds by 5 to 10 mph can increase fuel economy by as much as 14%.
  • Use cruise control on the highway to help maintain a constant speed and save fuel. However, never use cruise control on slippery roads because you could lose control of the vehicle.
  • Minimize your use of air conditioning.
  • Avoid extended idling to warm up the engine, even in colder temperatures. It’s unnecessary and wastes fuel.
  • Remove unnecessary and heavy items from your car.
  • Minimize your use of roof racks and remove special carriers when not in use.
  • Download the AAA App to find the cheapest gas prices near you. 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Dec. 1, averages are:

120122 chart

 

Media Contacts

Doug Shupe
LA-based media contact
(512) 659-1632
shupe.doug@aaa-calif.com
Anlleyn Venegas
Public Affairs Specialist. Spanish-Language Media Spokesperson , Auto Club Enterprises
(619) 565-4556
Venegas.Anlleyn@ace.aaa.com
CST 1016202-80 Copyright © Automobile Club of Southern California. All Rights Reserved.
The Automobile Club of Southern California is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in the following California counties: Inyo, Imperial, Kern, Los Angeles, Mono, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, Tulare, and Ventura.