The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Saturday for the 11th consecutive day, decreasing nine-tenths of a cent to $4.034.
The average price has decreased 8.6 cents over the past 11 days, including four-tenths of a cent on Friday, according to figures from the AAA and Oil Price Information Service. It is 4.9 cents less than one week ago and 4 cents lower than one month ago, but 28.6 cents higher than one year ago.
The Orange County average price also dropped for the 11th consecutive day, falling eight-tenths of a cent to $4.004. It is 4.9 cents less than one week ago and 4 cents lower than one month ago, but 28.9 cents higher than one year ago.
“Local refineries have restarted production, reducing the need for expensive imports and pushing prices downward in time for an all-time record number of 3.35 million Southern Californians getting ready to travel over the Memorial Day holiday next weekend,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.