Automobile Club of Southern California

05/09/2024 | Press release | Distributed by Public on 05/09/2024 11:37

Auto Club: Gas Prices Head Down For Third Straight Week

Southern California gas prices have dropped for the third straight week, according to the Auto Club's Weekend Gas Watch. The average price for self-serve regular gasoline in California is $5.32, which is six cents lower than a week ago. The average national price is $3.64, which is three cents lower than a week ago.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $5.28 per gallon, which is six cents less than last week, six cents less than last month, and 42 cents higher than last year. In San Diego, the average price is $5.29, which is five cents lower than last week, five cents lower than last month, and 44 cents higher than this time last year.

On the Central Coast, the average price is $5.27, which is six cents lower than last week, two cents lower than last month, and 41 cents higher than last year. In Riverside, the average per-gallon price is $5.20, which is seven cents lower than last week, five cents lower than last month and 43 cents higher than a year ago. In Bakersfield, the $5.26 average price is four cents less than last week, five cents more than last month, and 42 cents higher than a year ago today.

"According to Oil Price Information Service (OPIS), California and all West Coast refineries are continuing to operate at higher capacities and West Coast gasoline inventories are increasing in anticipation of higher summer demand," said Auto Club Spokesperson Doug Shupe.

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on May 9, averages are: