The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Monday one-tenth of a cent to $4.521, ending a run of the seven increases in the last eight days. It increased three-tenths of a cent Sunday.
The average price is 1.3 cents more than one week ago and 9.6 cents higher than one month ago, but 15 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.971 since rising to a record $6.494 on Oct. 5.
The Orange County average price rose two-tenths of a cent to $4.452, its seventh increase in the last eight days. It is 2 cents more than one week ago and 13.6 cents higher than one month ago, but 20.2 cents less than one year ago. The Orange County average price has dropped $2.011 since rising to a record $6.459 on Oct. 5.
“We are unfortunately heading toward the time of year when California drivers start to see rapid price increases due to refinery maintenance season and the ramp-up to producing the more expensive `summer blend’ of gasoline, which is required to be sold starting April 1, but usually arrives in gas stations well before that,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.
“Hopefully there will be at least a few weeks of price stability before that happens.”
The national average price rose for the 12th consecutive day following a five-day streak of decreases, increasing eight-tenths of a cent to $3.423. It has risen 15.6 cents over the past 12 days, including one cent on Sunday.
The national average price is 11.8 cents more than one week ago, 32.7 cents more than one month ago and 9.4 cents greater than one year ago. It has dropped $1.609 since rising to a record $5.016 on June 14.