Business & Tech
Gas Prices Might Keep Falling
The decline in gas prices has slowed, but falling oil prices could push the cost of gas down further.
Gas prices continued to drop last week, and there is reason to believe that they haven’t yet hit bottom.
While it was the seventh straight week of price declines, the decline slowed, which seemed to fit with expert predictions that the prices would plateau soon. However, oil prices tumbled, giving commuters hope for ongoing price breaks.
“Prices have been declining more slowly in recent days,” said Auto Club spokesperson Jeffrey Spring. "If the lower oil price holds, we may see additional declines at the pump.”
Find out what's happening in Palos Verdesfor free with the latest updates from Patch.
The stations currently selling the cheapest gas in Palos Verdes are listed below. Local prices are according to GasBuddy.com and reflect prices reported within the last 24 hours.
ARCO, 27301 Hawthorne Blvd. and Silver Spur Road- Regular: $3.69
- Premium: $3.89
- Regular: $3.75
- Premium: $3.97
- Regular: $3.85
- Premium: $4.05
- Regular: $3.85
- Premium: $4.05
Click here for more prices in the region. If you’re planning a trip, click here and plug in your travel plans to find out how much it will cost.
Find out what's happening in Palos Verdesfor free with the latest updates from Patch.
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