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GAS PRICES HOVER AT HIGH LEVELS

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Published on Fri, Nov 4, 2011

By: The LACar Editorial Staff

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Local gas prices hovered at the same high levels over the past week

AUTO CLUB NEWS

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(LOS ANGELES – Nov. 3, 2011) –Local gas prices hovered at the same high levels over the past week, inching up very slightly in most 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 $3.869 per gallon, which is half a cent higher than last week, 2.8 cents higher than last month, and 75 cents higher than last year. In San Diego, the price is $3.851, an increase of seven-tenths of a cent from last week, 2.3 cents above last month, and 75 cents higher than last year. On the Central Coast, the average price is $3.899, down 1.7 cents from last week, 2.2 cents higher than a month ago, and 71 cents above last year. In the Inland Empire, the average per gallon price is $3.838, down three-tenths of a cent from last week, 1.7 cents higher than last month, and 73 cents more than last year. “We just polled Auto Club members about the effects of high gas prices, and 70 percent say the prices are currently having a significant effect on their budgets,” said Auto Club spokesperson Jeffrey Spring. “Within that 70 percent of Southern Californians, 80 percent have reduced their driving, 60 percent have cut back on restaurant meals and 49 percent are putting less money into savings. The poll found that gas prices are also affecting holiday shopping and travel plans.” The Weekend Gas Watch monitors the average price of gasoline. As of noon on Nov. 3, averages are: Los Angeles–Long Beach Regular: $3.867 One-week change: +0.5 cents Record price: $4.626 (June 21, 2008) Orange County Regular: $3.843 One-week change: +0.7 cents Record price: $4.598 (June 19, 2008) San Diego Regular: $3.851 One-week change: +0.7 cents Record price: $4.630 (June 19, 2008) Santa Barbara-Santa Maria-Lompoc Regular price: $3.899 One-week change: -1.7 cents Record price: $4.709 (June 21, 2008) Riverside-San Bernardino Regular price: $3.838 One-week change: -0.3 cents Record price: $4.614 (June 22, 2008) Bakersfield Regular price: $3.857 One-week change: +0.4 cents Record price: $4.591 (June 24, 2008) Ventura Regular price: $3.852 Regular price: +1.5 cents Record price: 4.868 (June 18, 2008) To find the latest gas prices in your area, click here

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