Gas Price - Photo courtesy of MNLA staff

The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased Wednesday for the 57th consecutive day since rising to a record, dropping 2.9 cents to $5.429, its lowest amount since March 7.

The average price has dropped $1.033 since rising to a record high of $6.462 on June 14, including 2.4 cents Tuesday, according to figures from the AAA and the Oil Price Information Service. It is 17 cents less than one week ago and 72.8 cents lower than one month ago, but $1.05 more than one year ago.

The Orange County average price also decreased for the 57th consecutive day, dropping 3.2 cents to $5.304, its lowest amount since March 6. It is 19.3 cents less than one week ago and 76.5 cents lower than one month ago, but 95.5 cents more than one year ago.

The Orange County average price has dropped $1.104 over the past 57 days and $1.106 since rising to a record $6.41 on June 12, including 3.6 cents Tuesday.

The national average price dropped for the 57th consecutive day since rising to a record, decreasing 2.3 cents to $4.01. It has dropped $1.006 since rising to a record $5.016 on June 14.

The national average price is 15.3 cents less than one week ago and 67.4 cents lower than one month ago, but 82.4 cents more than one year ago.

Leave a comment

Your email address will not be published.