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More Double-Digit Drops For Gas Prices; Still Higher Than Maui

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While Southern California gas prices remain the highest in the country, they have dropped by 10 cents or more in the last week in most areas, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail state average is $3.564 a gallon for regular today, 8.9 cents less than last week.

 

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.700 per gallon, which is 11.3 cents less than last week, 14 cents less than last month, and 44 cents lower than last year. In San Diego, the average price is $3.657, which is 10.6 cents less than last week, 15 cents lower than last month, and 44 cents lower than last year. On the Central Coast, the average price is $3.649, 11.5 cents less than last week, 13 cents lower than a month ago, and 50 cents less than last year. In the Inland Empire, the average per-gallon price is $3.640, down 10.4 cents from last week, 15 cents less than last month, and 50 cents less than last year.

 

““Today’s Los Angeles wholesale price is $2.18 a gallon, while the average retail price is $3.70 – a $1.50 difference that is 50 percent higher than the usual margin of $1,” said Auto Club spokesman Jeffrey Spring. “California gas prices are usually the third most expensive in the country, but for nearly four months local prices have surpassed Alaska and Hawaii to make California the most expensive in the U.S.”

 

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on June 11, averages are: 

 

Area

Regular

One-week

change

Record Price

Los Angeles – Long Beach

$3.700

   -11.3 cents  

  $4.705 (10/9/12)

 

 

 

 

Orange County

$3.624

-12.2 cents

  $4.690 (10/8/12)

 

 

 

 

San Diego

$3.657

   -10.6 cents

  $4.725 (10/8/12)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$3.649

    -11.5 cents

  $4.709 (6/21/08)

 

 

 

 

Riverside – San Bernardino

$3.640

 -10.4 cents

  $4.688 (10/8/12)

 

 

 

 

Ventura

$3.665

 -10.8 cents

  $4.689 (10/7/12)

 

 

 

 

Bakersfield

$3.579

-5.2 cents

  $4.648 (10/9/12)

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.