Auto Club: Gas Prices Continue Downward

Southern California gas prices are continuing to drop for a second straight week, according to the Auto Club's Weekend Gas Watch. The average price for self-serve regular gasoline in California is $5.38, which is three cents lower than a week ago. The average national price is $3.67, which is one cent higher than a week ago.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $5.34 per gallon, which is three cents less than last week, 18 cents higher than last month, and 44 cents higher than last year. In San Diego, the average price is $5.34, which is two cents lower than last week, 19 cents higher than last month, and 45 cents higher than this time last year.

On the Central Coast, the average price is $5.33, which is the same as last week, 22 cents higher than last month, and 45 cents higher than last year. In Riverside, the average per-gallon price is $5.27, which is two cents lower than last week, 21 cents higher than last month and 45 cents higher than a year ago. In Bakersfield, the $5.30 average price is one cent less than last week, 29 cents more than last month, and 44 cents higher than a year ago today.

"After a few months of supply interruptions from refinery breakdowns and maintenance, Oil Price Information Service (OPIS) reports that California refineries have been operating at above 86% of their capacity for the past two weeks," said Auto Club Spokesperson Doug Shupe. "Additionally, OPIS reported the US Energy Information Administration believes that the country has already experienced its highest gas price point for the first half of this year. Although California prices often go against national trends, that prediction is an encouraging sign for further price drops at the pump."

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on May 2, averages are: