A few Southern California stations are now posting prices under $4 a gallon as average prices continued to drop for a second straight week from the spring spike high point, according to the Automobile Club of Southern California's Weekend Gas Watch. The retail state average is $4.169 a gallon for regular today, 5.5 cents less than last week.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.200 per gallon, which is 6.6 cents less last week, 9.8 cents lower than last month, and 11 cents higher than last year. In San Diego, the average price is $4.173, which is 6.5 cents below last week, 8.6 cents lower than last month, and 11 cents higher than last year. On the Central Coast, the average price is $4.221, down 4.5 cents from last week, 5 cents lower than a month ago, and 9 cents more than last year. In the Inland Empire, the average per-gallon price is $4.171, down 6.9 cents from last week, 7 cents less than last month, and 13 cents more than last year.
“Wholesale prices have jumped about 12 cents in the last couple of days after dropping 40 cents since April 25, but so far there is plenty of room for further price decreases,” said Auto Club spokesman Jeffrey Spring. “Memorial Day weekend travelers will be spending just about $1 to $2 more per tank of gas than they did over last year’s holiday.”
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on May 15, averages are:
|
Area |
Regular |
One-week change |
Record Price |
|
Los Angeles – Long Beach |
$4.200 |
-6.6 cents |
$4.705 (10/9/12) |
|
|
|
|
|
|
Orange County |
$4.187 |
-7.1 cents |
$4.690 (10/8/12) |
|
|
|
|
|
|
San Diego |
$4.173 |
-6.5 cents |
$4.725 (10/8/12) |
|
|
|
|
|
|
Santa Barbara – Santa Maria – Lompoc |
$4.221 |
-4.5 cents |
$4.709 (6/21/08) |
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|
|
|
Riverside – San Bernardino |
$4.171 |
-6.9 cents |
$4.688 (10/8/12) |
|
Ventura |
$4.198 |
-6.5 cents |
$4.689 (10/7/12) |
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Bakersfield |
$4.197 |
-5.6 cents |
$4.648 (10/9/12) |