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Gasoline prices continue to drop in S. California |
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10:26, July 07, 2007 |
Gasoline prices dropped for the eighth consecutive week since the downward trend began in Southern California, which has the highest prices in the nation, the Automobile Club of Southern California said on Friday.
The average price of a gallon of self-serve regular unleaded now stands at 3.114 dollars a gallon in the Los Angeles-Long Beach area -- 3.3 cents less than last week, 24 cents less than last month and 13 cents less than at this time last year, according to the Auto Club's Weekend Gas Watch survey.
After rising for 14 consecutive weeks, the average price fell 4. 4 cents from June 22-29; 6.4 cents from June 15-22; 7.8 cents from June 8-15; 5.1 cents from June 1-8; 3.9 cents from both May 25- June 1 and May 18-25; and two cents from May 11-18.
"During the Fourth of July holiday week in 2006, Southern California gas prices started rising again after dropping in May and June," Auto Club spokeswoman Carol Thorp said.
"Summer gas prices have presented a mixed picture in recent times. Some years had steady declines throughout summer, and other years have brought increases in July and August."
The Auto Club provided this breakdown of gasoline prices in selected portions of California and Nevada as of 12:01 a.m. on Friday.
Source: Xinhua
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