The average price of a gallon of self-serve regular gasoline in Los Angeles County fell for the 42nd time in 44 days Saturday, dropping 1.7 cents to $5.649, its lowest amount since Aug. 20.
The average price has fallen 79 cents over the past 44 days, including 3.8 cents Friday, according to figures from the AAA and Oil Price Information Service. It is 18.8 cents less than one week ago and 65.6 cents less than one month ago, but 81.2 cents more than one year ago. It has risen 95.5 cents since the start of the joint U.S./Israel war on Iran on Feb. 28, which sent oil prices higher and drastically accelerated increases at the gas pump.
The Orange County average price decreased for the 44th time in 45 days, dropping 2.2 cents to $5.504, its lowest amount since July 20. It has fallen 90.1 cents over the past 45 days, including 3.1 cents Friday.
The Orange County average price is 20.1 cents less than one week ago and 73.2 cents less than one month ago, but 72.3 cents more than one year ago. It has increased 86.8 cents since the start of the war on Iran.
“Oil prices remain well under $100 a barrel and we are in the time of year when gasoline demand typically drops along with pump prices,” Kandace Redd, the Automobile Club of Southern California’s senior public affairs specialist, said in a statement released Thursday. “If Southern California pump price drops continue, Thanksgiving holiday travelers will be paying about the same for gas as they did over the Independence Day holiday, when the statewide average price was $5.40 a gallon.”
The national average price dropped for the 21st consecutive day, falling 3.2 cents to $3.84, its lowest amount since July 8. The national average price is 19.7 cents less than one week ago and 49.3 cents less than one month ago, but 76 cents more than one year ago. It has increased 85.8 cents since the attack on Iran.