Cheapest Gas in Town

Despite healthy inventories, gas prices continued to climb this week because of investor speculation and unrest in Egypt.

During this time of year, gas prices typically drop, but instead the average cost of a gallon of gas climbed 3.7 cents in Los Angeles County this week, according to the Automobile Club of Southern California’s Weekend Gas Watch.

The cost of a gallon of regular gas is roughly 44 cents more than it was at this time last year.
 
“Investors anxious about the political upheaval in Egypt pushed oil and wholesale gasoline prices high at a time when they should be dropping because of healthy inventories and the upcoming end of the ‘winter gasoline’ season,” Auto Club spokesperson Jeffrey Spring said.

The stations currently selling the cheapest gas in the area are listed below. Local prices are according to GasBuddy.com and reflect prices reported within the last 24 hours.

Arco, 27301 Hawthorne Blvd. and Silver Spur Road

Regular: $3.29

Premium: $3.49

Valero, 2121 Palos Verdes Dr. North near Rolling Vista Dr.

Regular: $3.29 (cash price)

Premium: $3.50 (cash price)

Arco, 2031 Palos Verdes Dr. North and Rolling Vista Dr.

Regular: $3.29

Premium: $3.49

Premium: $3.73