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Auto Club: Gas Prices Turn Upward on Higher Demand

(LOS ANGELES, July 7, 2006) — A seven week downward trend ended as consumer demand for gasoline pushed prices up across the Southland this week, according to the Automobile Club of Southern California�s Weekend Gas Watch.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.253 which is 7.1 cents higher than last week, seven cents lower than last month and 77 cents higher than last year. In San Diego, the price is $3.260, 7.4 cents above last week�s price, seven cents below last month and 73 cents above last year. On the Central Coast, the average price is $3.398, up 4.1 cents from last week, six cents below last month and 80 cents higher than last year. In the Inland Empire, the average price is $3.276, up seven cents from last week, eight cents below last month and 80 cents higher than last year.

�When prices reached record highs in May motorists cut back driving considerably. Lower demand helped push prices lower,� said Auto Club spokesperson Carol Thorp. �But, declining prices and the start of summer resulted in higher demand for gas. That has put upward pressure on prices.�

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., July 7:



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.