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Gas Tax Increase Produces Little Change In Pump Prices

Newsroom Fourth of July 1943-07 WW COVER

Yesterday’s 3.2-cent increase did not noticeably change gas prices this week, as prices settled at a plateau for the first time in two months, according to the Automobile Club of Southern California's Weekend Gas Watch. Today’s retail statewide average is $3.07 a gallon for regular unleaded, which is a penny higher than last week.


The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.08 per gallon, which is up one cent from last week, 13 cents higher than a month ago, and 71 cents lower than last year. In San Diego, the average price is $3.10, which is two cents higher than last Thursday, 16 cents more than last month, and 65 cents lower than last year.

On the Central Coast, the average price is $3.12, which is two cents higher than last week, 14 cents higher than last month, and 72 cents lower than last year. In Riverside, the average per-gallon price is $3.04, which is unchanged from last week, 17 cents higher than last month, and 63 cents lower than last year. In San Bernardino, the $3.05 average price is two cents higher than last week, 18 cents higher than last month, and 67 cents lower than a year ago today.

“Los Angeles wholesale gasoline prices have not continued their upward push of the past two months because a pause on reopening the economy has created worries about fuel demand. However, drivers have not seen a drop at the pump either because of the gas tax increase,” said Auto Club spokesman Doug Shupe.

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on July 2, averages are:

July 2 2020 Chart

 

Media Contacts

Doug Shupe
LA-based media contact
(512) 659-1632
shupe.doug@aaa-calif.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.