The average price of a gallon of self-serve regular gasoline in Los Angeles County rose two-tenths of a cent Tuesday to $4.612, a day after dropping one-tenth of a cent.
The average price is two-tenths of a cent less than one week ago, 4.6 cents more than one month ago, but $1.255 less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.882 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price rose six-tenths of a cent to $4.541, a day after dropping two-tenths of a cent. It is three-tenths of a cent more than one week ago, 4.4 cents more than one month ago, but $1.329 less than one year ago. The Orange County average price has dropped $1.922 since rising to a record $6.459 on Oct. 5, 2022.
The national average price dropped a half-cent to $3.203, a day after dropping one-tenth of a cent. It was the 31st decrease in the past 32 days.
It is 5.8 cents less than one week ago, 21.8 cents less than one month ago and 67.3 cents less than one year ago. The national average price has dropped $1.813 since rising to a record $5.016 on June 14, 2022.
“Gasoline prices continue to crumble across nearly the entire nation, with average prices below $3 per gallon in 18 states, with some 65,000 stations selling below that psychological mark,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
“With the change to winter gasoline happening today at most stations across the country, the outlook is bright for the national average to continue to make a run at falling to $2.99 per gallon for the first time since 2021. But while nearly all states are seeing prices drop, refinery maintenance and some outages at California refineries have led to tight supply and rising prices — a situation I hope can be remedied by the end of the month and help California join in on the decline.”
