Double-Digit Decreases At Most Northern California Pumps; Bay Area Continues to Pay Highest Prices In Nation
SAN FRANCISCO--July 17, 2001--In just 30 days, Northern California gas prices tumbled from record-high prices, dropping over twenty cents in some cities according to AAA's monthly gas survey released today.The average price for a gallon of regular unleaded self-serve gas in Northern California dropped 16 cents to $1.83, the lowest price since March 2001, according to AAA's monthly gas survey. The Bay Area average is $1.94, finally dipping below the two-dollar mark. In one month, the national average plummeted 23 cents to $1.43.
"Although California prices remain stubbornly above the national average, this drop in prices is most welcome," said Bronwyn Hogan, AAA spokeswoman. "The decreases range from 6 cents to 27 cents a gallon in Northern California, with San Francisco remaining the only city paying above $2."
Southern California reports an average of $1.84, a drop of 17 cents in one month, with Los Angeles at $1.87. Bakersfield prices plunged 38 cents to $1.66 a gallon.
The California average fell 17 cents to $1.83 a gallon.
"Soaring and erratic gas prices combined with a sluggish economy have decreased demand for gasoline during the traditionally high-demand season," Said Alan Kovski, energy analyst. "We expect this welcome downward trend to continue throughout the rest of the summer."
Established 100 years ago, AAA offers a wide array of automotive, travel, insurance and financial services. The California State Automobile Association serves 4 million members and is the second largest regional affiliate of the national AAA organization. AAA's Daily Fuel Gauge Report is the most comprehensive retail gasoline survey available, with over 60,000 self-serve stations surveyed daily every day. Data is provided in cooperation with OPIS Energy Group and Wright Express, LLC.
For additional information and detailed analysis, please contact Bronwyn Hogan at 415-565-2293 or 415-560-2875.
AAA Monthly Gas Price Averages, July 17, 2001
City/State Reg. CHANGE
NOR. CALIF. 1.83 down 16 cents
BAY AREA 1.94 down 12 cents
CHICO 1.66 down 20 cents
CONCORD 1.85 down 14 cents
EUREKA 1.96 down 16 cents
FREMONT 1.92 down 11 cents
FRESNO 1.60 down 24 cents
LAKE TAHOE 1.85 down 15 cents
MARYSVILLE 1.64 down 27 cents
MODESTO 1.75 down 17 cents
MONTEREY 1.84 down 11 cents
OAKLAND 1.94 down 14 cents
PLEASANTON 1.92 down 13 cents
REDDING 1.65 down 23 cents
SACRAMENTO 1.79 down 19 cents
SALINAS 1.81 down 11 cents
SAN FRANCISCO 2.05 down 12 cents
SAN JOSE 1.93 down 14 cents
SAN MATEO 2.04 down 9 cents
SAN RAFAEL 1.94 down 6 cents
SANTA CRUZ 1.88 down 9 cents
SANTA ROSA 1.84 down 11 cents
STOCKTON 1.81 down 19 cents
TRACY 1.72 down 19 cents
UKIAH 1.87 down 12 cents
VALLEJO 1.88 down 12 cents
YREKA 1.76 down 24 cents
NEVADA 1.57 down 16 cents
CARSON CITY 1.51 down 17 cents
ELKO 1.70 down 5 cents
LAS VEGAS 1.58 down 21 cents
RENO 1.53 down 20 cents
SPARKS 1.54 down 17 cents
UTAH 1.55 down 5 cents
MOAB 1.71 down 12 cents
OGDEN 1.56 down 4 cents
OREM 1.52 down 1 cent
PROVO 1.56 up 2 cents
SALT LAKE CITY 1.50 down 4 cents
SAINT GEORGE 1.45 down 11 cents
SOU. CALIF. 1.84 down 17 cents
BAKERSFIELD 1.66 down 38 cents
LOS ANGELES 1.87 down 15 cents
SANTA BARBARA 1.88 down 12 cents
CALIFORNIA 1.83 down 17 cents
NATIONAL 1.43 down 23 cents