LOS ANGELES, CA--(Marketwire - February 15, 2008) - Gas price averages continued to hover just above $3 a gallon over the past 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 $3.087, which is 0.7 cents higher than last week, 21 cents less than last month, and 45 cents above last year. In San Diego, the price is $3.118, which is 2 cents more than last week's price, 19 cents below last month, and 46 cents higher than last year. On the Central Coast, the average price is $3.256, up 1.1 cents from last week, 16 cents under last month, and 47 cents more than last year. In the Inland Empire, the average price is $3.081, 1.7 cents above last week, down 21 cents from last month, and 44 cents higher than last year.
"For the second week in a row, we're seeing prices hold steady for the most part at many gas stations," said Auto Club spokesperson Jeffrey Spring. "In the last two weeks, average prices have gone up by a penny or less in the greater Los Angeles area, and by less than three cents in San Diego."
The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Feb. 15:
One-week
Area Regular change Record Price
Los Angeles - Long Beach $3.087 + 0.7 cents $3.487 (5/9/2007)
Orange County $3.011 + 0.9 cents $3.479 (5/8/2007)
San Diego $3.118 + 2 cents $3.503 (5/8/2007)
Santa Barbara - Santa Maria -
Lompoc $3.256 + 1.1 cents $3.614 (5/15/2007)
Riverside - San Bernardino $3.081 + 1.7 cents $3.486 (5/8/2007)
Bakersfield $3.159 + 2.4 cents $3.489 (5/7/2007)
Las Vegas, NV $2.953 - 0.6 cents $3.209 (5/29/2007)
Contact Information: Contact: Marie Montgomery/Jeffrey Spring (714) 885-2333