Gas Prices Plummet: Highest, Lowest Prices In Redondo Beach

REDONDO BEACH, CA — Finally, Golden Staters are experiencing some relief at the pump, even though prices are still higher than anywhere else in the nation.

On Tuesday, the average price for a regular gallon of gas was $4.51 — down from $5.44 one month ago, according to AAA. Gas prices have plummeted in recent weeks — and they’re expected to fall to the $3 range by mid-January at the latest, according to experts from AAA.

The national average pump price fell 16 cents since last week to $3.24. As of Monday, 34 states had an average price lower than this time last year, according to AAA.

“The seasonal pattern of less driving due to shorter days and crummy weather, combined with a lower oil cost, is driving gas prices lower,” said Andrew Gross, AAA spokesperson. “If this trend continues, many states could see their average prices fall below $3 a gallon by early next year.”

California was among the nation’s states that saw the largest weekly decreases, AAA reported. The state’s average price for a gallon of gas decreased 25 cents last week.

In Redondo Beach, the cheapest regular gas was being sold for $4.29 at an Arco Station at 1131 E Pacific Coast Hwy. The most expensive gas was going for $4.89 at a 76 station at 247 S Pacific Coast Hwy., according to GasBuddy.

The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Monday for the 32nd consecutive day and 65th time in 68 days since rising to a record.

The average price decreased 2.2 cents to $4.623, its lowest amount since Nov. 10, 2021, according to figures from the AAA and the Oil Price Information Service. It has fallen $1.871 since rising to a record $6.494 on Oct. 5, including 2.7 cents Sunday.

The "primary reasons" for the continuing dropping prices are "ample fuel supplies and lower demand for fuel during this period between holiday travel periods," Doug Shupe, the Automobile Club of Southern California's corporate communications manager, told City News Service.