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Local gasoline remains under $3 per gallon
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According to an announcement just released by Automobile Club of Southern California's Weekend Gas Watch, local gas prices have continued to head downward at a good penny-per-day clip over the past week and are now under $3 a gallon for all major local regions.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.869 per gallon, which is 6.3 cents less than last week, 15 cents lower than last month, and $1.65 less than last year. In San Diego, the price is $2.834, which is 8.7 cents less than last week's price, 19 cents below last month, and $1.65 lower than last year. On the Central Coast, the average price is $2.96, down 6.2 cents from last week, nine cents below last month, and $1.64 below last year. In the Inland Empire, the average per gallon price is $2.857, which is 6.9 cents less than last week, 15 cents less than last month, and $1.64 less than last year.
"This is the fourth straight week of gas price decreases, and each week we've seen prices drop a little faster," said Auto Club spokesperson Jeffrey Spring. "Plentiful supplies and flat demand are giving drivers a break and bringing us July gas prices at levels we haven't seen since 2005."
The Weekend Gas Watch monitors the average price of gasoline. As of 2 p.m. on July 16, averages are:
| Area | Regular | One-week change | Record Price |
| Los Angeles - Long Beach | $2.869 | -6.3 cents | $4.626 (6/21/08) |
| Orange County | $2.860 | -5.9 cents | $4.598 (6/19/08) |
| San Diego | $2.834 | -8.7 cents | $4.630 (6/19/08) |
| Santa Barbara - Santa Maria - Lompoc | $2.960 | -6.2 cents | $4.709 (6/21/08) |
| Riverside - San Bernardino | $2.857 | -6.9 cents | $4.614 (6/22/08) |
| Bakersfield | $2.961 | -6.1 cents | $4.591 (6/24/08) |
| Ventura | $2.869 | -6.7 cents | $4.625 (6/18/08) |
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