LOS ANGELES- Six straight weeks of price drops at Southern California gas stations have pushed average prices below $5 a gallon in a few cities, according to the Auto Club’s Weekend Gas Watch. The average price for self-serve regular gasoline in California is $5.09, which is six cents lower than a week ago. The average national price is $3.56, which is four cents lower than a week ago.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $5.05 per gallon, which is six cents less than last week and 12 cents higher than last year. In San Diego, the average price is $5.07, which is six cents lower than last week and 17 cents higher than this time last year.
On the Central Coast, the average price is $5.10, which is six cents lower than last week and 21 cents higher than last year. In Riverside, the average per-gallon price is $4.96, which is six cents lower than last week and 13 cents higher than a year ago. In Bakersfield, the $5.12 average price is five cents less than last week and 29 cents higher than a year ago today.
“Oil Price Information Service reports that wholesale Los Angeles gasoline prices are continuing to drop because of increased availability of imported gasoline and reportedly lower levels of demand compared to last year,” said Auto Club Spokesperson Doug Shupe. “Those factors should help pump price drops to continue for now.”
The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on May 30, averages are: