Wholesale gas prices in the Southland dropped to some of their lowest levels of 2013 this week, spurring further declines at the pump for a sixth straight week, according to the Automobile Club of Southern California's Weekend Gas Watch. The state average is $3.70 a gallon for regular today – 6.2 cents lower than last week.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.716 per gallon, which is 6.3 cents less than last week, 22.5 cents lower than last month, and 45 cents lower than last year. In San Diego, the average price is $3.716, which is 5.9 cents below last week, 21 cents below last month, and 38.5 cents lower than last year. On the Central Coast, the average price is $3.754, down 7.2 cents from last week, 26 cents lower than a month ago, and 46 cents less than last year. In the Inland Empire, the average per-gallon price is $3.679, down 5.3 cents from last week, 23 cents lower than last month, and 41 cents less than last year.
“Wholesale prices in Los Angeles had dropped earlier this week to levels below the previous low point on Jan. 1, but they jumped about 10 cents Wednesday on news of a small outage at a Torrance refinery,” said Auto Club spokesperson Jeffrey Spring. “It remains to be seen if this is a minor issue, but at the moment there is still room for retail prices to drop further.”
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Oct. 31, averages are:
|
Area |
Regular |
One-week change
|
Record Price
|
|
Los Angeles – Long Beach |
$3.716 |
-6.3 cents |
$4.705 (10/9/12) |
|
|
|
|
|
|
Orange County |
$3.688 |
-5.5 cents |
$4.690 (10/8/12) |
|
|
|
|
|
|
San Diego |
$3.716 |
-5.9 cents |
$4.725 (10/8/12) |
|
|
|
|
|
|
Santa Barbara – Santa Maria – Lompoc |
$3.754 |
-7.2 cents |
$4.709 (6/21/08) |
|
|
|
|
|
|
Riverside – San Bernardino |
$3.679 |
-5.3 cents |
$4.688 (10/8/12) |
|
|
|
|
|
|
Bakersfield |
$3.735 |
-6.0 cents |
$4.648 (10/9/12) |
|
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|
|
Ventura |
$3.686 |
-4.6 cents |
$4.689 (10/7/12) |