Nearly all of the Southern California November gas price spike has been reversed after six straight weeks of price drops, just in time for the year-end holidays, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail statewide average is $3.08 a gallon for regular unleaded, four cents lower than last Thursday.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.09 per gallon, which is five cents less than last Thursday, 16 cents lower than last month, and 37 cents higher than last year. In San Diego, the average price is $3.07, which is five cents lower than a week ago, 16 cents less than last month, and 36 cents more than this time last year. On the Central Coast, the average price is $3.13, which is five cents lower than last Thursday, 12 cents lower than last month, and 37 cents higher than last year. In Riverside, the average per-gallon price is $3.04, which is five cents lower than last week, 15 cents less than last month, and 39 cents more than at this time last year.
“With an all-time record 8.2 million Southern Californians taking holiday trips, the good news is that local gas prices are now almost as low as on Halloween, just before the November price spike, and there’s a bit more momentum for further drops based on current wholesale prices,” said Auto Club spokesman Jeffrey Spring. ”However, year-end holiday travelers are paying the highest gas prices since 2013, when Los Angeles gas stations were charging $3.64 on average, and about 35 to 40 cents more per gallon than at this time last year.”
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on Dec. 21, averages are:
Area |
Regular |
1-week change |
Record Price |
Los Angeles – Long Beach |
$3.09 |
-5 cents |
$4.70 (10/9/12) |
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|
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|
Orange County |
$3.04 |
-5 cents |
$4.69 (10/8/12) |
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San Diego |
$3.07 |
-5 cents |
$4.72 (10/8/12) |
|
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|
Santa Barbara – Santa Maria –Lompoc |
$3.13 |
-5 cents |
$4.70 (6/21/08) |
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Riverside |
$3.04 |
-5 cents |
$4.68 (10/8/12) |
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San Bernardino |
$3.07 |
-5 cents |
$4.68 (10/8/12) |
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Ventura |
$3.05 |
-6 cents |
$4.68 (10/7/12) |
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Bakersfield |
$3.12 |
-3 cents |
$4.64 (10/9/12) |