Santa Monica Observer - Community, Diversity, Sustainability and other Overused Words

By GasBuddy 

Average Gas Prices Fell 22.2 Cents Per Gallon in Los Angeles County Last Week

Average price is even less than it was a year ago today

 

December 16, 2022

Artistic Operations

Average price in LA is $4.54/g today, was $4.67/g a year ago

Average gasoline prices in Los Angeles have fallen 22.2 cents per gallon in the last week, averaging $4.54/g today, according to GasBuddy's survey of 2,135 stations in Los Angeles. Prices in Los Angeles are 88.5 cents per gallon lower than a month ago and stand 12.9 cents per gallon lower than a year ago. The national average price of diesel has fallen 14.9 cents in the last week and stands at $4.91 per gallon.

According to GasBuddy price reports, the cheapest station in Los Angeles was priced at $3.69/g yesterday while the most expensive was $6.79/g, a difference of $3.10/g. The lowest price in the state yesterday was $3.25/g while the highest was $7.79/g, a difference of $4.54/g.

The national average price of gasoline has fallen 14.4 cents per gallon in the last week, averaging $3.21/g today. The national average is down 56.5 cents per gallon from a month ago and stands 11.0 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Los Angeles and the national average going back ten years:

December 12, 2021: $4.67/g (U.S. Average: $3.32/g)

December 12, 2020: $3.13/g (U.S. Average: $2.15/g)

December 12, 2019: $3.70/g (U.S. Average: $2.58/g)

December 12, 2018: $3.42/g (U.S. Average: $2.39/g)

December 12, 2017: $3.14/g (U.S. Average: $2.45/g)

December 12, 2016: $2.71/g (U.S. Average: $2.21/g)

December 12, 2015: $2.75/g (U.S. Average: $2.01/g)

December 12, 2014: $2.94/g (U.S. Average: $2.59/g)

December 12, 2013: $3.64/g (U.S. Average: $3.24/g)

December 12, 2012: $3.67/g (U.S. Average: $3.31/g)

Neighboring areas and their current gas prices:

Riverside- $4.38/g, down 28.3 cents per gallon from last week's $4.66/g.

Orange County- $4.48/g, down 19.5 cents per gallon from last week's $4.68/g.

Ventura- $4.67/g, down 18.4 cents per gallon from last week's $4.85/g.

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Average prices in LA are well over a dollar more per gallon than the national average

"Not only has the decline in gasoline prices lasted five straight weeks, with again every state seeing a weekly decline in its average, but average diesel prices have fallen in 49 states over the last week as well. The relief is saving Americans roughly $20 per fill-up compared to six months ago," said Patrick De Haan, head of petroleum analysis at GasBuddy. "On the previously hard-hit West Coast, average prices have fallen nearly $2 per gallon since October. Fifteen states now have average gasoline prices of $2.99 or less, with several more to join this week. We remain on schedule to see the national average gas price fall below $3 by Christmas, with diesel set to fall 50 cents to $1 per gallon over the next six weeks or so. While the Keystone Pipeline shutdown has been getting some attention, motorists need not worry much about the oil-carrying pipeline for now. There is no expected impact to gasoline prices as of now."

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://prices.GasBuddy.com.

SOURCE GasBuddy

 

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