Photo credit: Alexander Nguyen
Photo credit: Alexander Nguyen

The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped eight-tenths of a cent Friday to $2.852, the fifth consecutive decrease.

The average price has dropped 2.8 cents over the past five days, including seven-tenths of a cent on Thursday, according to figures from the AAA and Oil Price Information Service.

The average price is 3.1 cents less than one week ago and 33.4 cents lower than one year ago but 27 cents more than one month ago.

A 36-day streak of increases totaling 52.2 cents ended Saturday with a decrease of three-tenths of a cent. The average price dropped 71.4 cents during the stretch of 49 decreases in 50 days that immediately preceded the increases.

The Orange County average price dropped seven-tenths of a cent today to $2.841, the seventh consecutive decrease after rising 35 times in 36 days. It is 3.3 cents less than one week ago and 30.4 cents lower than one year ago but 27.7 cents more than one month ago.

The Orange County average price rose 52.8 cents during the stretch of 35 increases in 36 days and dropped 72.3 cents during the stretch of 49 decreases in 50 days that immediately preceded the increases.

—City News Service

Leave a comment

Your email address will not be published. Required fields are marked *