The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Wednesday for the eighth time in nine days, decreasing a half-cent to $4.737, one day after recording its largest drop since Dec. 7, 1 cent.
The average price has decreased 4.7 cents over the past nine days, according to figures from the AAA and Oil Price Information Service. It dropped six consecutive days, rose four-tenths of a cent Monday and resumed decreasing Tuesday.
The average price is 3.5 cents less than one week ago and 18 cents lower than one year ago but 16.2 cents more than a month ago. It has dropped $1.757 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price recorded its largest decrease since Dec. 3, dropping 1.3 cents to $4.695. It has decreased nine of the past 10 days, dropping 5.5 cents, including seven-tenths of a cent Tuesday. The Orange County average price decreased seven consecutive days, rose four-tenths of a cent Monday and resumed decreasing Tuesday.
The Orange County average price is 4.3 cents less than one week ago and 19.2 cents lower than one year ago but 16.2 cents more than one month ago. It has dropped $1.764 since rising to a record $6.459 on Oct. 5, 2022.
The national average price rose eight-tenths of a cent to $3.107, one day after an 11-day streak of decreases totaling 6.8 cents ended with an increase of two-tenths. It is 2.7 cents less than one week ago, 1.8 cents lower than a month ago and 25.9 cents below what it was one year ago.
The national average price has dropped $1.909 since rising to a record $5.016 on June 14, 2022.