Pumping gasoline
MyNewsLA photo by Clancy O'Dessky

The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased Thursday for the ninth consecutive day and 10th time in 11 days, dropping nine-tenths of a cent to $6.386.

The average price has dropped 7.4 cents over the past 11 days, including eight-tenths of a cent Wednesday, according to figures from the AAA and the Oil Price Information Service. The run of dropping prices follows an 18-day streak of increases totaling 36.9 cents.

The average price is 6.8 cents less than one week ago but 28.8 cents more than one month ago and $2.117 higher than one year ago.

The Orange County average price also decreased for the ninth consecutive day and 10th time in 11 days, dropping 1.5 cents to $6.31. It has decreased 10 cents over the past 11 days, including nine-tenths of a cent Wednesday. The run of dropping prices follows an 17-day streak of increases totaling 35.1 cents.

The Orange County average price is 8.5 cents less than one week ago but 23.9 cents more than one month ago and $2.08 higher than one year ago.

“The recent high prices may have led to a small drop in domestic gasoline demand as fewer drivers fueled up last week,” said Andrew Gross, AAA spokesperson. “This dip, coupled with less costly oil, has taken some steam out of surging pump prices.”

The national average price dropped for the ninth consecutive day following an 18-day streak of increases, decreasing 1.5 cents to $4.94. It has dropped 7.6 cents over the past nine days, including 1.3 cents both Tuesday and Wednesday.

The national average price rose 41.5 cents during the 18-day streak of increases. It is 6.9 cents less than one week ago but 34.4 cents more than one month ago and $1.868 higher than one year ago.

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