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Gas Prices Jump

Weekly Fuel Prices Report
(LOS ANGELES, Oct. 14, 2010) – Gas prices climbed by about ten cents a gallon in most Southern California areas over the past week in response to higher crude oil and ethanol prices, 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 $3.101 per gallon, which is 9.6 cents more than last week, 11 cents higher than last month, and eight cents higher than last year. In San Diego, the price is $3.116, which is ten cents more than last week’s price, 11 cents above last month, and 13 cents higher than last year. On the Central Coast, the average price is $3.162, up 9.1 cents from last week, 12 cents higher than a month ago, and seven cents below last year. In the Inland Empire, the average per gallon price is $3.086, which is 9.3 cents higher than last week, 11 cents higher than last month, and nine cents more than last year.
“Crude oil prices continue to hover above the $80-a-barrel mark and the price of ethanol has climbed nearly ten percent on commodities markets.  This has contributed to boosting pump prices in California and around the country,” said Auto Club spokesperson Jeffrey Spring. 
The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on Oct. 14, averages are:
Record Price
Los Angeles – Long Beach
     +9.6 cents
 $4.626 (6/21/08)
Orange County
     +9.6 cents
 $4.598 (6/19/08)
San Diego
     +10 cents
 $4.630 (6/19/08)
Santa Barbara – Santa Maria – Lompoc
     +9.1 cents
 $4.709 (6/21/08)
Riverside – San  Bernardino
     +9.3 cents
 $4.614 (6/22/08)
      + 8 cents
 $4.591 (6/24/08)
      +4.2 cents
 $4.625 (6/18/08)
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.