Southern California Gas Prices Go On a Roller Coaster Ride
16 February 2000
Southern California Gas Prices Go On a Roller Coaster Ride
LOS ANGELES--Feb. 15, 2000--Following an increase in December and a drop in January, gas prices in Southern California rose again by 4.4 cents per gallon in February, according to the Automobile Club of Southern California Fuel Gauge Report.The February average price of regular self-serve unleaded is $1.429 compared with $1.385 on January 18. The lowest gas prices in Southern California this month can be found in Van Nuys, where the average price for a gallon of self serve unleaded is $1.307.
Prior to a spike in December, prices had been declining since September 1999. However, February prices are still 26.1 cents higher than Feb. 16, 1999, when the average price for regular self serve unleaded was $1.168.
The February statewide average is $1.453 - up from $1.373 in January. Travelers to northern California can expect to pay an average of $1.47 which is four cents higher than January. The February national average is $1.367 cents per gallon - up 7.8 cents compared with January. Nationally, prices have reached a nine-year high.
Gasoline prices have risen to this high level in response to low inventories of crude oil and a per-barrel price of more than $30 reached yesterday. The artificially induced shortage exists because nations aligned with the Organization of Petroleum Exporting Countries (OPEC) have deliberately cut back oil production in a successful effort to raise global energy prices.
Industry inventories of both crude oil and refined gasoline are at or below their nine-year lows, indicating pump prices could move higher as gasoline demand increases later this year. On a positive note, energy analysts are beginning to speculate that OPEC will move to increase production at their scheduled March 27 meeting in an effort to forestall any possibility of oil shortages this summer.
During this period of high prices, the Auto Club continues to urge motorists to practice common-sense fuel conservation techniques and to shop aggressively for the lowest price.
In Southern California, the averages for regular and premium grades of gasoline are listed below:
February Prices January Prices County Unl Prem Unl Prem Imperial County El Centro 1.532 1.749 1.521 1.697 Kern County Bakersfield 1.478 1.668 1.457 1.648 Ridgecrest 1.428 1.599 1.399 1.569 Los Angeles County Alhambra 1.316 1.531 1.286 1.485 Arcadia 1.366 1.526 1.377 1.539 Burbank 1.356 1.521 1.298 1.482 Culver City 1.446 1.557 1.389 1.510 Glendale 1.328 1.538 1.323 1.508 Glendora 1.381 1.499 1.314 1.469 Inglewood 1.363 1.545 1.324 1.486 Lancaster 1.376 1.590 1.339 1.546 Long Beach 1.374 1.541 1.311 1.490 Los Angeles 1.373 1.548 1.355 1.532 Manhattan Beach 1.412 1.594 1.359 1.581 Montebello 1.351 1.529 1.296 1.493 Santa Monica 1.437 1.606 1.438 1.580 Van Nuys 1.307 1.492 1.261 1.426 Whittier 1.353 1.524 1.301 1.506 Woodland Hills 1.362 1.534 1.295 1.472 Orange County Anaheim 1.378 1.536 1.301 1.464 Fullerton 1.348 1.507 1.332 1.497 Huntington Beach 1.327 1.519 1.268 1.482 La Habra 1.308 1.487 1.273 1.462 Laguna Beach 1.432 1.602 1.413 1.577 Newport Beach 1.410 1.614 1.360 1.556 San Clemente 1.499 1.687 1.432 1.669 Tustin 1.389 1.512 1.306 1.479 Riverside County Blythe 1.569 1.779 1.561 1.784 Hemet 1.473 1.647 1.406 1.602 Palm Springs 1.461 1.682 1.449 1.635 Riverside 1.404 1.570 1.343 1.528 San Diego County Chula Vista 1.462 1.658 1.417 1.583 Del Mar 1.493 1.669 1.453 1.639 Escondido 1.409 1.584 1.361 1.575 Oceanside 1.423 1.644 1.367 1.590 San Diego 1.466 1.658 1.385 1.564 San Bernardino County Redlands 1.452 1.597 1.377 1.582 San Bernardino 1.439 1.594 1.388 1.580 Victorville 1.509 1.752 1.393 1.586 Santa Barbara County Lompoc 1.529 1.732 1.509 1.719 Santa Barbara 1.562 1.743 1.514 1.702 Santa Maria 1.550 1.739 1.531 1.712 San Luis Obispo County San Luis Obispo 1.533 1.679 1.495 1.668 Tulare County Porterville 1.500 1.659 1.449 1.539 Visalia 1.464 1.715 1.408 1.619 Ventura County Ventura 1.501 1.675 1.475 1.653 Inyo County Bishop 1.531 1.699 1.497 1.687 So. Calif. Average 1.429 1.609 1.385 1.569
The Auto Club's Fuel Gauge Report is based on data gathered from monitoring fuel transactions at 2,800 Southern California gas stations. Oil Price Information Service -- the nation's most comprehensive source of petroleum pricing information, provides the data.
The Automobile Club of Southern California, the largest affiliate of AAA, has been serving members since 1900. Today, Auto Club members benefit by the organization's emergency road service, financial products, travel agency and trip planning services, highway and transportation safety programs, insurance products and services, automotive pricing, buying and financing programs and legislative advocacy. Information about these products and services is available on the Auto Club's Web site at www.aaa-calif.com.