Gas Prices Drop Closer to $4 at Most Stations

Southern California drivers enjoyed another nickel or so of gas price drops during the past week, bringing the cost of a gallon closer to $4 in most counties, according to the Automobile Club of Southern California’s Daily Fuel Gauge report.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.032 per gallon, down about 5 cents from last week and 25 cents lower than last month. It is $1.02 higher than last year.

Orange County motorists are seeing an average of price of $4.005, of drop of 5 cents from last week, 25 cents from last month and 99 cents higher than last year.

An Auto Club summer travel poll shows that two-thirds of Southern Californians are moving their budgets around to save in other areas in order to finance their summer trips, at least in part because of the gas price spike this spring, according to Auto Club spokesperson Jeffrey Spring.

“The good news for travelers is that gas prices are now on the decline,” said Filomena Andre, the Auto Club’s vice president for travel products and services. “We expect that will bring more travelers into the last-minute market if they decided against making summer plans in April or May due to gas price uncertainty. Also, many travel providers are offering promotions to encourage last-minute summer travel since space is still available at several popular vacation destinations.”

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

• Regular: $3.89 (Add 10 cents for credit/debit card)
• Premium: $4.09 (Add 10 cents for credit/debit card)

• Regular: $3.91
• Premium: $4.13

• Regular: $3.95
• Premium: $4.17

Click here for more prices in the region. If you are planning a trip this weekend, click here and plug in your travel plans to find out how much it will cost.