The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped for the 39th consecutive day Saturday, falling 1.7 cents to $3.802, its lowest amount since April 5.
The average price has decreased 31.8 cents during the streak, including 1.2 cents Friday, according to figures from the AAA and Oil Price Information Service. It is 6.8 cents less than one week ago and 25.4 cents lower than one month ago, but 7.7 cents more than one year ago.
The Orange County average price dropped for the 38th time in the past 39 days, decreasing 1.8 cents to $3.754, also its lowest amount since April 5. It has decreased 34.2 cents over the past 39 days, including 1.4 cents Friday.
The Orange County average price is 7.9 cents less than one week ago and 27.5 cents lower than one month ago, but 6.7 cents more than one year ago.
“Despite the two oil tanker fires in the Middle East, oil prices are now more than 20 percent lower than they were a year ago at this time and California refineries are experiencing the highest productivity since November 2018, so we expect pump prices to continue dropping,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.