Gas Prices Dropping and Might Continue to Fall Into the Summer

Gas prices continued to drop last week, and there is reason to believe that they haven’t yet hit bottom.

While it was the seventh straight week of price declines, the declined slowed, which seemed to fit with expert predictions that the prices would plateau soon. However, oil prices tumbled, giving commuters hope for ongoing price breaks.

“Prices have been declining more slowly in recent days,” said Auto Club spokesperson Jeffrey Spring. “However, oil prices took a tumble today to just below $92 per barrel after news about the economy and an announced release of oil from the Strategic Petroleum Reserve. If the lower oil price holds, we may see additional declines at the pump.”

According to the Automobile Club of Southern California’s Weekend Gas Watch, the average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.896 per gallon, which is 4.5 cents lower than last week, 29 cents lower than last month, and 89 cents higher than last year.

In San Diego, the price is $3.865, a decrease of 4.1 cents from last week, 23 cents below last month, and 76 cents higher than last year.

In the Inland Empire, the average per gallon price is $3.865, which is 4.1 cents lower than last week, 23 cents lower than last month, and 78 cents more than last year.

 In Orange County, the average price of self-serve regular gasoline is $3.856, which is 5.1 cents lower than last week, 24 cents lower than last month, and 74 cents higher than last year.

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.

Chevron at 1300 Pacific Coast Hwy & 13th St

• Regular—$3.85
• Premium—$4.05

76 at 12071 Seal Beach Blvd & Bradbury Rd

• Regular—$3.85
• Premium—$4.05

There are no current prices for Los Alamitos and Rossmoor listed on GasBuddy.com. Instead, the Cypress Costco is listed:

Costco at 5401 Katella Ave & Walker St

• Regular—$3.65
• Premium—$3.83

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