View Mobile Site
 

Ask the Expert

Signal Photos

Gas prices below last year’s levels

Posted: February 1, 2014 10:27 p.m.
Updated: February 1, 2014 10:27 p.m.
 

California’s gas prices continue to be significantly lower than last year, a fact that may be fueling a recent uptick in gasoline and diesel fuel use statewide, according to officials.

The average price for a gallon of regular, unleaded gasoline is $3.59 in the state of California, according to AAA’s Daily Fuel Gauge Report. That figure represents a sharp decline from last year, when the state’s average per-gallon price for unleaded gasoline stood at $3.82.

Despite the decline, California still has some of the highest average gasoline prices in the nation, trailing only Hawaii’s $4.02 per gallon, Alaska’s $3.65 per gallon and New York’s $3.63 per gallon.

The average price of a gallon of unleaded gasoline is slightly higher in the Los Angeles-Long Beach metropolitan area, standing at $3.62 according to AAA.

But the decline from last year is equally pronounced, when the price of a gallon of unleaded gasoline in the area cost $3.92.

At the beginning of 2013, gas prices were continuing to fall from the record high levels hit in 2012. At their highest level in October 2012, the average price for a gallon of unleaded gas hit $4.67 in the state and $4.71 in the Los Angeles-Long Beach metropolitan area, according to AAA.

Santa Clarita’s gas prices are largely in line with state numbers, ranging from $3.45 to $3.79 a gallon, according to GasBuddy.com, an online price tracking service.

The lower prices may be why state officials are reporting an increase in state use of gasoline in the last tracked quarter.

“Lower gas prices are leaving more money in consumers’ pockets and boosting economic activity,” said Board of Equalization Member George Runner in a news release. “That’s good news for California.”

Lmoney@signalscv.com
661-287-5525
On Twitter
@LukeMMoney

 

Comments

terrencerocks: Posted: February 2, 2014 1:47 a.m.

It is hard to conceive that 75 Percent of Vehicles on the Road today get twice the gas mileage of cars of 10 years ago. We are importing Less Oil, and producing more domestic oil Here which should be cheaper for that to happen. Yet Gas Prices freeze at 3.45 a gallon on the west coast. If someone farts at a refinery, the gas prices go up at the pump within 5 seconds. But it takes months for the prices to come back down. Right now we are using less gas each and every day and consumption continues to spiral down slowly because of Electric, fuel efficient, hybrids and smaller engines that get better gas mileage, yet somehow the industry some how props that price at three dollars????


cj64: Posted: February 2, 2014 8:11 a.m.

A article stating the recent uptick in gas usage was for the 3rd quarter of 2013. That is July, August, and September. Gas prices in the summer were over $4.08 a gallon, and they declined to about $3.80 a gallon. At lower prices more people started doing summer drives. The increased use of gasoline increased gas prices back to over $4.00 a gallon in October.


ricketzz: Posted: February 3, 2014 5:50 a.m.

Gasoline prices should reflect the true costs of producing a gallon of gas. Start with Veterans' benefits, environmental degradation, etc. and be sure to include the cost of recycling the auto when it wears out. Don't forget the global military empire we built for BP and Chevron (who charge the military high, high prices for fuel).

Remember at the pump: there's little dead soldier in every drop.



You need to be a registered user to post a comment. Please click here to register.

The Signal encourages readers to interact with one another, following the guidelines outlined in our Comment/Moderation Policy. Click here to read it.

To report offensive or inappropriate comments, e-mail abuse@signalscv.com. The content posted from readers of signalscv.com does not necessarily represent the views of The Signal or Morris Multimedia. By submitting this form you agree to the terms and conditions listed above. Thank you in advance for your cooperation.

 
 

Powered By
Morris Technology
Please wait ...