LOS ANGELES, CA--(Marketwire - July 27, 2007) - After two weeks of hovering at about the same levels, gas prices began heading down again last week by half a penny a day or more in most local areas, 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 $3.071, which is 3.9 cents cheaper than last week, nine cents below last month, and twenty cents under last year. In San Diego, the price is $3.087, which is 4.1 cents below last week's price, 5.5 cents under last month, and 22 cents cheaper than last year. On the Central Coast, the average price is $3.302, down 2.9 cents from last week, 10.5 cents under last month, and eleven cents below last year. In the Inland Empire, the average price is $3.048, 4.1 cents below last week, eight cents under last month, and 24 cents cheaper than last year.
"We are seeing many more Southland gas stations this week with prices below $3 a gallon," said Auto Club spokesperson Carol Thorp. "And Californians who are used to paying less for gas at out-of-state vacation destinations will probably be surprised to see very similar or even higher prices in other areas. Most states have average gas prices within 10 cents of $3 a gallon."
The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., July 27:
Area Regular One-week Record Price
change
Los Angeles - Long Beach $ 3.071 - 3.9 cents $ 3.487 (5/9/2007)
Orange County $ 3.020 - 5.0 cents $ 3.479 (5/8/2007)
San Diego $ 3.087 - 4.1 cents $ 3.503 (5/8/2007)
Santa Barbara -
Santa Maria - Lompoc $ 3.302 - 2.9 cents $ 3.614 (5/15/2007)
Riverside - San Bernardino $ 3.048 - 4.1 cents $ 3.486 (5/8/2007)
Bakersfield $ 3.112 - 4.1 cents $ 3.489 (5/7/2007)
Las Vegas, NV $ 2.944 - 4.5 cents $ 3.209 (5/29/2007)
Contact Information: Contact: Jeffrey Spring Carol Thorp (714) 885-2333