The average price of a gallon of self-serve regular gasoline in Los Angeles County was unchanged Saturday, remaining at $4.401, one day after rising two-tenths of a cent.
The average price is one-tenth of a cent more than one week ago, eight-tenths of a cent higher than one month ago and $1.182 greater than one year ago, according to figures from the AAA and Oil Price Information Service. It has risen $1.169 since the start of the year.
The Orange County average price rose one-tenth of a cent to $4.359, one day after dropping two-tenths of a cent. It is two-tenths of a cent less than one week ago and three-tenths of a cent lower than one month ago but $1.17 more than one year ago.
The Orange County average price has risen $1.151 since the start of the year.
“Some substantial” decreases to pump prices are expected soon because of the customary post-Labor Day drop in demand with the end of the summer travel season, said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
“We’ve seen wholesale prices decline over the past week, and expect it to affect gas prices soon,” Spring told City News Service. “Prices have remained pretty flat for nearly a month. We’re a penny lower than a month ago for the state average of regular gasoline.
“I’d be surprised if prices don’t start going down next week, based on what’s been happening on the wholesale side.”