Auto Club: Gas Price Increases Slow Down

Southern California gas prices are still up for the week, but are not increasing as quickly as they were earlier this month, according to the Auto Club's Weekend Gas Watch. The average price for self-serve regular gasoline in California is $5.45, which is four cents higher than a week ago. The average national price is $3.67, which is also four cents higher than a week ago.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $5.39 per gallon, which is three cents more than last week, 43 cents higher than last month, and 44 cents higher than last year. In San Diego, the average price is $5.38, which is four cents higher than last week, 44 cents higher than last month, and 44 cents higher than this time last year.

On the Central Coast, the average price is $5.35, which is four cents higher than last week, 41 cents higher than last month, and 43 cents higher than last year. In Riverside, the average per-gallon price is $5.32, which is five cents higher than last week, 49 cents higher than last month and 46 cents higher than a year ago. In Bakersfield, the $5.31 average price is seven cents more than last week, 48 cents more than last month, and 42 cents higher than a year ago today.

"According to Oil Price Information Service (OPIS), yesterday's U.S. Energy Information Administration report showed that West Coast gasoline inventories are at their lowest level in two years," said Auto Club Spokesperson Doug Shupe. "However, OPIS also reported that imported gasoline should be on its way to California in the next few weeks, which should help ease the upward pressure on pump prices."

The Weekend Gas Watch monitors the average price of gasoline. As of 9 a.m. on April 18, averages are: