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Southern California gas prices fall for 6th straight week

April 26, 2012|By Ronald D. White
  • A woman pumps gasoline at a Los Angeles service station. The region's fuel prices have dropped for six straight weeks, according to the Automobile Club of Southern California.
A woman pumps gasoline at a Los Angeles service station. The region's… (Frederic J. Brown / AFP/…)

The good news: For the first time in 2012, Southern California gasoline prices are lower than they were at the same time last year. The bad news: They are still a whopping 50 cents a gallon higher than they were in January, according to the Automobile Club of Southern California's Weekend Gas Watch.

Still, the region's fuel prices have been dropping for six straight weeks.

“We are seeing several more stations with prices under $4 a gallon in east Los Angeles County, Costa Mesa, the Palm Springs area, San Bernardino and Escondido,” said Auto Club spokesman Jeffrey Spring. “Prices are ranging widely right now from over $4.30 at some stations to under $4, so it’s important to shop around.”

The average price of a gallon of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.194, which is down 3.4 cents from a week ago, down 17 cents from a month ago and down 4 cents from a year ago.

In San Diego, the price is $4.197, down 2.9 cents from a week ago, down 14 cents from a month ago and down 1 cent from a year ago.

On the Central Coast, the price is $4.243, down 5 cents from a week ago, down 17 cents from a month ago and down 2 cents from a year ago.

In the Inland Empire, the price is $4.175, down 4.3 cents from a week ago, down 17 cents from a month ago and down 3 cents from a year ago.

The Auto Club gets its averages from daily credit card receipts collected from more than 120,000 service stations nationwide. The data is compiled by the Oil Price Information Service and by Wright Express.

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