A 24-day streak of falling prices ended Sunday when the average price of a gallon of self-serve regular gasoline in Los Angeles County inched up one-tenth of a cent to $3.573.
The average price dropped 12.8 cents over the 24-day streak, including three-tenths of a cent Saturday, according to figures from the AAA and Oil Price Information Service. It is 2.1 cents less than one week ago, 13.2 cents lower than one month ago and 5.4 cents below what it was one year ago.
The Orange County average price remained unchanged at $3.546. It is 2.3 cents less than one week ago, 12.9 cents lower than one month ago and 2.2 cents below what it was one year ago.
The Los Angeles County average price is the lowest it’s been since March 25, while the Orange County average is the lowest it’s been since March 22.
“The California Energy Commission last week reported a drop in gasoline inventory after refineries scaled back California fuel production, but on Wednesday the commission reported that inventory is back up, so there is still reason for prices to continue decreasing,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
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