Gas Prices Continue To Drop For 13th Week

Southern California gas prices dropped for the 13^th straight week amid promising signs pointing to even lower prices in coming days and weeks, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail state average is $3.641 a gallon for regular today, 4 cents less than last week.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.678 per gallon, which is 3.5 cents less than last week,15 cents less than last month, and 17.5 cents lower than last year. In San Diego, the average price is $3.662, which is 4.1 cents less than last week, 15 cents lower than last month, and 19 cents lower than last year. On the Central Coast, the average price is $3.695, 2.2 cents less than last week, 17 cents lower than a month ago, and 23.5 cents less than last year. In the Inland Empire, the average per-gallon price is $3.623, down 3.9 cents from last week, 15 cents less than last month, and 20 cents less than last year.

“Los Angeles wholesale gasoline prices dropped to their lowest level of 2014 on Wednesday, 20 to 30 cents below where they have been hovering since July,” said Auto Club spokesman Jeffrey Spring. “On Nov. 1, local gas stations will begin selling the ‘winter blend’ of gasoline, which is cheaper to produce than the current summer blend. That factor, along with the lower current wholesale prices, gives us some optimism for more gas price drops, providing no supply glitches occur at California refineries.”

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