The average price of a gallon of self-serve regular gasoline in Los Angeles County rose two-tenths of a cent Tuesday to $4.565, a day after dropping one-tenth of a cent.
The average price is 2.4 cents less than one week ago, 17.8 cents less than one month ago and 66.7 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.929 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price rose four-tenths of a cent to $4.487, a day after dropping two-tenths of a cent. It is 1.6 cents less than one week ago, 16.8 cents less than one month ago and 70 cents less than one year ago. The Orange County average price has dropped $1.972 since rising to a record $6.459 on Oct. 5, 2022.
The national average price rose one-tenth of a cent to $3.444, ending 16 straight days of decreases.
It is 1.8 cents less than one week ago, 8.4 cents less than one month ago and 40.4 cents less than one year ago. The national average price has dropped $1.572 since rising to a record $5.016 on June 14, 2022.
“As summer driving season comes to a gradual close, we continue to see gasoline prices declining in most of the country as demand remains muted,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
“As long as we can avoid a major hurricane threatening refineries in the Gulf region, I believe we could see declines continue into this week, with the national average potentially dipping to its lowest level of the summer. However, should economic data come in better than expected, there still could be a short-lived rally.
“While some states may also see gas prices rise to routine price cycling, primarily in the Great Lakes and Florida, prices across the board remain lower in every state compared to a year ago.”