Business & Tech
Gas Watch: Prices Drop Steadily in SoCal
Prices dip by about a penny a day, the Automobile Club of Southern California reports.
Gas prices dropped quickly in the past week, falling by about a penny a day, according to the Automobile Club of Southern California’s Weekend Gas Watch.
The Weekend Gas Watch monitors the average price of gasoline.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.687 per gallon, which is seven cents lower than last week, 18 cents lower than last month, and 55 cents higher than last year.
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“The Southern California pump price averages haven’t been this low ,” said Auto Club spokesperson Jeffrey Spring. “So far, the average gas price for 2011 in Southern California is about $3.84, so drivers are now paying 10 to 20 cents below that average. However, prices are still more than 50 cents higher than this time last year.”
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.
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Chevron, 27774 Hawthorne Blvd. and Highridge Road
- Regular: $3.49
- Premium: $3.79
ARCO, 27301 Hawthorne Blvd. and Silver Spur Road
- Regular: $3.53
- Premium: $3.73
7-Eleven, 31186 Hawthorne Blvd. and Palos Verdes Drive West
- Regular: $3.59
- Premium: $3.81
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