The average price of regular gasoline moved up by 3-5 cents per gallon over the last week in most Southern California cities due to increasing demand and flatter production levels at refineries, according to the Automobile Club of Southern California's Weekend Gas Watch. Today’s retail statewide average is $2.77 a gallon for regular unleaded, up three cents from last week and $1.29 less than last year.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.86 per gallon, which is up three cents compared to last week, seven cents lower than a month ago, and $1.20 lower than last year. In San Diego, the average price is $2.81, which is three cents higher than last Thursday, nine cents less than last month, and $1.24 lower than last year.
On the Central Coast, the average price is $2.91, which is a penny higher than last week, 11 cents lower than last month, and $1.22 lower than last year. In Riverside, the average per-gallon price is $2.73, which six cents higher than last week, six cents lower than last month, and $1.28 lower than last year. In San Bernardino, the $2.75 average price is three cents higher than last week, 11 cents lower than last month, and $1.27 lower than a year ago today.
“Vehicle traffic in Southern California has increased incrementally over the past few weeks, and refineries are still producing gasoline at a much lower rate compared to last year to help draw down inventory,” said Auto Club spokesman Jeffrey Spring. “Combine these trends with an increase in oil prices, and the result is that gas prices changed course over the past week and increased.”
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on May 14, averages are: