The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped one-tenth of a cent Friday to $3.882, one day after a 23-day streak of increases that pushed the average price to its highest amount since Aug. 6, 2015, ended with a decrease of two-tenths of a cent.
The average price is 1.4 cents more than one week ago, 21.1 cents higher than one month ago and 81.9 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service. It has risen 73.2 cents since the start of the year.
The average price increased 21.7 cents during the streak, the longest since a 28-day streak from March 6-April 2.
The Orange County average price Friday dropped two-tenths of a cent to $3.834 after being unchanged for the previous two days. It is nine-tenths of a cent more than one week ago, 22.1 cents higher than one month ago and 81.3 cents greater than one year ago. It has risen 71.8 cents since the start of the year.
“The latest California Energy Commission fuels report showed an increase in gasoline inventories and refinery production during the first week in October, which should help prices at the pump,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.