Business & Tech

Analysts Predict Drastic Drop in Gas Prices

Despite stagnant prices at the pump, customers may soon see dramatically lower prices.

Gas prices are seeing little change locally, at least for the time being, but there could be dramatically lower prices soon since crude oil prices declined along with the stocks on Wall Street this week.

The price of oil is down 25 percent since spring.

A gallon of self-serve in the Long Beach-L.A. area is $3.816 per gallon. That's about a third of a cent lower than a week ago, only 2 cents higher than a month ago, but 70 cents higher than last year, according to the Automobile Club of Southern California’s Weekend Gas Watch.

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It's a little less in Orange County, at $3.799 a gallon, though that's 0.4 cents higher than last week.

In the Inland Empire, the average per gallon price is unchanged from last week at $3.793. But that's 3 cents higher than last month, and 69 cents more than a year ago.

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The lowest price nationally is $3.12 in Tucson. Ariz. and the highest is $4.85 in Alaska's Denali National Park, according to MapQuest.

If your looking for the best prices on gas, check the list below or let us know where you found cheap gas. Listed prices are according to GasBuddy.com and reflect prices reported within the last 24 hours.

Sam's Club
1301 S Lone Hill Ave
Regular: $3.63
Premium: $3.85


934 S Grand Ave
Regular: $3.66
Premium: $3.86


857 E Arrow Hwy
Regular: $3.67
Premium: $3.87

465 W Foothill Blvd
Regular: $3.81
Premium: $3.89

540 W Route 66
Regular: $3.83
Premium: $4.03


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