The average price of a gallon of self-serve regular gasoline in Los Angeles County rose 1 cent Monday to $4.709, one day after increasing two-tenths of a cent.
The average price has increased 12 consecutive days and 14 of the past 15 days, according to figures from the AAA and Oil Price Information Service. It has increased 14.9 cents over the past 15 days and is 6.3 cents more than one week ago and 20.6 cents higher than one month ago, but 5.3 cents less than one year ago.
The average price has dropped $1.785 since rising to a record $6.494 on Oct. 5.
The Orange County average price dropped four-tenths of a cent Monday to $4.664. It increased 12 times in the previous 14 days including 1 cent Sunday. It rose 17.6 cents over those 14 days.
The Orange County average price is 6 cents more than one week ago and 23.4 cents higher than one month ago, but 7.4 cents less than one year ago. It has dropped $1.787 since rising to a record $6.459 on Oct. 5.
The national average price fell for the 16th consecutive day following a 17-day streak of increases, dropping three-tenths of a cent to $3.416. It is 5.4 cents less than one week ago, 13.1 cents more than one month ago, and 6.9 cents lower than one year ago.
The national average price has decreased 9.4 cents over the past 16 days, including a half-cent Sunday, after rising 24.3 cents during the 17-day streak of increases. It has dropped $1.60 since rising to a record $5.016 on June 14.
“Drivers may have a little more in their wallets as we head toward Valentine’s Day and if gas demand and oil costs remain low, drivers will likely see pump prices drop through (the) week,” said Andrew Gross, an AAA national public relations manager.