The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Tuesday one-tenth of a cent to $4.778, a day after it decreased three-tenths of a cent.
The average price is 2.3 cents less than one week ago, 23 cents less than one month ago and 13.1 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.716 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price rose eight-tenths of a cent to $4.686 ending a streak of six days of decreases. It is 2.1 cents less than one week ago, 22.2 cents less than one month ago and 16.2 cents lower than one year ago. The Orange County average price has dropped $1.773 since rising to a record $6.459 on Oct. 5, 2022.
The national average price rose 1 cent to $3.501. It is 3.2 cents more than one week ago, but 3.5 cents less than one month ago and 3.4 cents less than one year ago.
It has dropped $1.515 since rising to a record $5.016 on June 14, 2022.
“As we approach July 4 later this week, motorists have seen the national average price of gasoline inch up ever so slightly for the third straight week,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
“While the increases have been fairly tame, with oil continuing to hold above $80 per barrel, we could continue to see the national average climb slightly. For many Americans hitting the road for the July 4 holiday, prices in most areas are very comparable to what we saw last July 4.
“However, with Hurricane Beryl now formed in the Caribbean, we’re reminded that gas prices could experience some jolts in the second half of the summer should a storm threaten refining capacity in Texas or Louisiana.”