The average price of a gallon of self-serve regular gasoline in Los Angeles County recorded its largest decrease since Jan. 24 Thursday, dropping 1.7 cents to $5.21, its lowest amount since April 3.
The average price has dropped for 10 consecutive days and 19 of the past 20, decreasing 16.2 cents, including 1.5 cents Wednesday, according to figures from the AAA and Oil Price Information Service. It dropped nine consecutive days, was unchanged May 6 and resumed dropping the following day.
The average price is 7.5 cents less than one week ago and 18.4 cents lower than one month ago, but 37.1 cents more than one year ago. It has dropped $1.284 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price recorded its largest decrease since Jan. 17, dropping 1.9 cents to $5.124, its lowest amount since April 1. It has dropped 20 of the past 21 days, decreasing 17.3 cents, including 1.4 cents Wednesday. The Orange County average price dropped 17 consecutive days, rose two-tenths of a cent Monday and resumed decreasing the following day.
The Orange County average price is 7.7 cents less than one week ago and 22.2 cents lower than one month ago, but 33.2 cents more than one year ago. It has dropped $1.335 since rising to a record $6.459 on Oct. 5, 2022.
The national average price dropped for the sixth time in seven days, decreasing seven-tenths of a cent to $3.60. It has dropped 4.2 cents over the past seven days, including a half-cent Wednesday.
The national average price is 4.4 cents less than one month ago but 6.9 cents more than one year ago. It has dropped $1.416 since rising to a record $5.016 on June 14, 2022.