California Gasoline Prices Down For 2nd Day - KMPH FOX 26 | Central San Joaquin Valley News Source

California Gas Prices Down For 2nd Day

Posted:

LOS ANGELES (AP) - California's reign of pump pain is easing as prices drop for the second day in a row.

The AAA's Daily Fuel Gauge Report for Thursday says the average price of regular is just under $4.66 a gallon - down more than a penny in two days.

However, it's still the highest price in the nation.

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Average prices of regular gas in the Valley (according to AAA):

Fresno: $4.60

Merced: $4.60

Visalia: $4.64

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The highest state price is $4.75 a gallon in the San Luis Obispo area. San Francisco has $4.73, with Los Angeles and San Diego reporting around $4.70.

The drop follows a 50-cent runup at the pump, fueled in part by refinery and pipeline problems. Some lawmakers have called for an investigation of the hike.

Analysts say California's early switch to a cheaper but more polluting winter blend of fuel should help lower prices.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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