Gas Prices - Photo courtesy of MNLA staff

The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased Monday for the 74th time in the last 76 days since setting a record, dropping two-tenths of a cent to $5.279, its lowest amount since March 5.

The average price has dropped $1.183 since rising to a record $6.462 on June 14, including four-tenths of a cent on Sunday, according to figures from the AAA and the Oil Price Information Service. It decreased for 67 consecutive days, was unchanged Sunday and Monday and resumed dropping Tuesday.

The average price is 5.9 cents less than one week ago and 39.7 cents lower than one month ago, but 87.6 cents more than one year ago.

The Orange County average price rose Monday four-tenths of a cent to $5.188. It has dropped $1.222 since rising to a record $6.41 on June 12, including a half-cent Sunday.

The Orange County average price is 5.3 cents less than one week ago and 39.3 cents lower than one month ago, but 81.9 cents more than one year ago.

The national average price dropped for the 76th consecutive day since rising to a record, decreasing three-tenths of a cents to $3.85. It has dropped $1.166 since rising to a record $5.016 on June 14, including four-tenths of a cent on Saturday.

The national average price is 5.1 cents less than one week ago and 40.5 cents lower than one month ago, but 70.2 cents more than one year ago.

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