The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Tuesday for the 32nd consecutive day, decreasing 2.2 cents to $5.378.
The average price has dropped 93.7 cents over the past 32 days, including 1 cent Monday, according to figures from the AAA and Oil Price Information Service. The streak follows a run of 23 increases in 25 days totaling 91.8 cents.
The average price is 16.8 cents less than one week ago, 93 cents lower than one month ago and 24.3 cents cheaper than one year ago. It has dropped $1.116 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price dropped 2.6 cents to $5.189, one day after a run of 29 decreases in 30 days totaling $1.073 ended when it was unchanged. The Orange County average price is 16.5 cents less than one week ago, $1.084 lower than one month ago and 30.9 cents cheaper than one year ago.
The Orange County average price has dropped $1.27 since rising to a record $6.459 on Oct. 5, 2022.
The national average price dropped for the 33rd consecutive day and 41st time in 43 days, decreasing 1.6 cents to $3.478. It has dropped 40.3 cents over the past 43 days, including two-tenths of a cent Monday.
The national average price is 6.7 cents less than one week ago, 34.5 cents lower than one month ago and 28.4 cents cheaper than one year ago. It has dropped $1.538 since rising to a record $5.016 on June 14, 2022.
The run of dropping prices follows an 11-day streak of increases totaling 7.8 cents.
“Average gasoline prices have fallen for a sixth straight week in nearly every state, with the national average now at its lowest level since March,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
“The West Coast has been home to some of the largest declines, with California seeing an impressive 80-cent drop in the last four weeks, dispelling the myth that prices don’t fall as fast as they go up. In this case, they have gone down extremely quickly.”