The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Tuesday nine-tenths of a cent to $4.73, a day after it rose three-tenths of a cent. It has dropped six of the past seven days.
The average price is 4.9 cents less than one week ago, 8.4 cents less than one month ago and 26.4 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.764 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price dropped three-tenths of a cent to $4.652, a day after it rose three-tenths of a cent.
It is 4.8 cents less than one week ago, 3.7 cents less than one month ago and 27.8 cents less than one year ago. It has dropped $1.807 since rising to a record $6.459 on Oct. 5, 2022.
The national average price dropped six-tenths of a cent to $3.515, a day after decreasing one-tenth of a cent.
It is four-tenths of a cent less than one week ago, 6.8 cents more than one month ago, and 4.9 cents less than one year ago. The national average price has dropped $1.501 since rising to a record $5.016 on June 14, 2022.
“Much like last summer, the nation’s average price of gasoline has remained somewhat stuck in the mid-$3 per gallon range with a mixed bag of prices: small declines in some states and modest increases in others as we wait for what could be the next major trend,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
“Hurricane Beryl had no major impact on prices, but some drivers in Texas had trouble finding gasoline due to power outages, a situation that continues to improve. For now, we’ll continue to see small price fluctuations as we await news of any hurricane-fueled refinery disruptions or other supply challenges as we head into the busiest weeks of the summer travel season.”