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Gas Prices Shoot Back Up After Brief Plateau

After pausing briefly in mid-month, Southern California gas prices continued the upward march they started at the beginning of June over the past week, 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 $3.111 per gallon, which is nickel more than last week, 5.4 cents higher than last month, and nine cents higher than last year. In San Diego, the price is $3.122, also a nickel higher than last week’s price, 6.2 cents above last month, and nine cents higher than last year. On the Central Coast, the average price is $3.19, up 5.9 cents from last week, 5.3 cents higher than a month ago, and 15 cents above last year. In the Inland Empire, the average per gallon price is $3.097, which is five cents higher than last week, 4.5 cents higher than last month, and nine cents more than last year.

 “Gasoline demand continues to be sluggish, but nationally and locally, gas prices moved up during the past week in response to higher crude oil prices,” said Auto Club spokesperson Jeffrey Spring. “However, crude oil prices as of today have dropped somewhat and were unable to sustain consistent prices above $80 a barrel.”
 
The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on June 24, averages are:
 
Area                   
 Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$3.111
     +5.0 cents
 $4.626 (6/21/08)
 
 
 
 
Orange County
$3.114
     +5.2 cents
 $4.598 (6/19/08)
 
 
 
 
San Diego
$3.122
     +5.0 cents
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$3.190
     +5.9 cents
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$3.097
     +5.0 cents
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$3.162
      +4.5 cents
 $4.591 (6/24/08)
 
 
 
 
Ventura
$3.125
      +4.2 cents
 $4.625 (6/18/08)

Media Contacts

Marie Montgomery
(714) 885-2320
Montgomery.Marie@aaa-calif.com

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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.