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Business & Tech

Gas Prices Might Be Leveling Off

Going into the Easter weekend, gas prices seem a little high but experts say they might not move any higher for a while longer.

Gas Prices Might Be Leveling Off

Some cities have even seen slight declines in the past days, but experts say it's too early to tell whether prices are really going down.

While some Southland gas prices continued to rise this past week, others showed signs of plateauing, according to the Automobile Club of Southern California’s Weekend Gas Watch.

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The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.218 per gallon, which is 2.2 cents more than last week, 25 cents higher than last month, and $1.12 higher than last year.

In San Diego, the price is $4.203, an increase of 1.9 cents over last week, 23 cents above last month, and $1.10 higher than last year. In Orange County, the price is $4.202, up 2 cents from last week. On the Central Coast, the average price is $4.253, up 2.9 cents from last week, 23 cents higher than a month ago, and $1.07 above last year. In the Inland Empire, the average per gallon price is $4.193, which is 2.4 cents higher than last week, 24 cents higher than last month, and $1.10 more than last year.

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“Most local areas are posting prices above $4.20 a gallon, and a few cities have seen no increases or even a very slight price decline in the last day or two,” Auto Club spokesperson Jeffrey Spring said. “However, with the continued volatility of oil and gasoline prices on commodities exchanges, it’s too soon to call this either a price plateau or the start of a price decline.”

According to MapQuest, the lowest price for gas in the U.S. is $3.32 in Casper, Wy., and the highest is here in California—$5.67 in Death Valley.

The places selling the cheapest gas in the Belmont Shore/Naples area (though the premium prices are quite a bit higher) are listed below:

ARCO at 1785 Bellflower Blvd. (at Atherton)

  • Regular - $4.07
  • Premium - $4.27

ARCO at 124 Pacific Coast Hwy. (at Pacific Avenue) 

  • Regular - $4.03
  • Premium - $4.23

ARCO at 1001 Redondo Ave. (at 10th)

  • Regular - $4.09
  • Premium - $4.29

Vons Gas (3 cents less with membership) at 1818 Ximeno Ave. (at Atherton) 

  • Regular - $4.10
  • Premium - $4.33

 

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.

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