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Auto Club: Peak Or Plateau? Too Soon To Tell For Gas Prices

(LOS ANGELES, Aug. 20, 2009) The three-week summer upsurge in gas prices is over for now, with slight price downturns compared to last week in most areas of Southern California, 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 $3.039 per gallon, which is 1.3 cents less than last week, 19 cents more than last month, and 96 cents less than last year. In San Diego, the price is $3.039, which is 2.4 cents less than last week’s price, 22 cents above last month, and 91 cents lower than last year. On the Central Coast, the average price is $3.115, down one-tenth of one cent from last week, 17 cents higher than a month ago, and $1.02 below last year. In the Inland Empire, the average per gallon price is $3.03, which is seven-tenths of one cent less than last week, 19 cents more than last month, and 94 cents less than last year.

“This slight dip in gas prices is also happening nationwide, but it’s too soon to tell if this is really the start of a downturn,” said Auto Club spokesperson Jeffrey Spring.

The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on Aug. 20, averages are:
 

Area                   

 Regular

One-week

change

 

Record Price

 

Los AngelesLong Beach

$3.039

    -1.3 cents

 $4.626 (6/21/08)

 

 

 

 

Orange County

$3.029

    -1.9 cents

 $4.598 (6/19/08)

 

 

 

 

San Diego

$3.039

    -2.4 cents

 $4.630 (6/19/08)

 

 

 

 

Santa Barbara – Santa Maria – Lompoc

$3.115

    -0.1 cent

 $4.709 (6/21/08)

 

 

 

 

RiversideSan  Bernardino

$3.030

     -0.7 cent

 $4.614 (6/22/08)

 

 

 

 

Bakersfield

$3.110

     +0.4 cent

 $4.591 (6/24/08)

 

 

 

 

Ventura

$3.032

     -1.0 cent

 $4.625 (6/18/08)

 
 
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.