The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped 1.9 cents Saturday to $4.922, its lowest amount since July 5.
The average price has fallen 63 of the past 64 days, decreasing $1.393, including nine-tenths of a cent Friday, according to figures from the AAA and Oil Price Information Service. It is 9.5 cents less than one week ago, 39.3 cents lower than one month ago and 1.2 cents cheaper than one year ago.
The average price has decreased $1.572 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price dropped 3.3 cents to $4.761, its lowest amount since Feb. 17. It has decreased 32 of the last 33 days, falling 45.4 cents, including 1.2 cents on Friday.
The Orange County average price is 9 cents less than one week ago, 36.7 cents lower than one month ago and 5.7 cents cheaper than one year ago. It has dropped $1.698 since rising to a record $6.459 on Oct. 5, 2022.
The national average price decreased one-tenth of a cent to $3.247. It is 1.2 cents less than one week ago, 20.1 cents lower than one month ago, 20.1 cents cheaper than one year ago, and has dropped $1.769 since rising to a record $5.016 on June 14, 2022.
“The current streak of daily pump prices either falling or staying flat started on Sept. 19,” said Andrew Gross, an AAA national public relations manager. “It appears this run is in jeopardy, and we may see prices edge a bit higher. But if the cost of oil eventually hits reverse and dips again, pump prices will likely follow suit.”