The average price of a gallon of self-serve regular gasoline in Los Angeles County inched up one-tenth of a cent Saturday to $4.973, ending a streak of five consecutive decreases.
The average price is 1.9 cents less than one week ago, 4.9 cents more than one month ago, and 86.8 cents less than one year ago, according to figures from the AAA and the Oil Price Information Service. It has dropped $1.521 since rising to a record $6.494 on Oct. 5.
The Orange County average price increased six-tenths of a cent to $4.899, after dropping six of the previous seven days. It is 3.5 cents less than one week ago, 5.2 cents more than one month ago, and 83.5 cents less than one year ago. The Orange County average price has dropped $1.56 since rising to a record $6.459 on Oct. 5.
The national average price rose for the fourth consecutive day, increasing four-tenths of a cent to $3.591. It is 2.5 cents more than one week ago and seven-tenths of a cent higher than one month ago, but 82.2 cents less than one year ago. It has dropped $1.425 since rising to a record $5.016 on June 14, 2022.
“Gas demand barely budged from last week, yet compared to this time in 2022, it is higher nationwide except for the Gulf Coast, Texas, and New Mexico,” said Andrew Gross, an AAA national public relations manager. “Some industry experts speculate that scorching temps in that region are keeping people off the road.”