The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Saturday for the 32nd time in 33 days, decreasing 1.3 cents to $4.904, its lowest amount since March 4.
The average price has dropped 41.2 cents over the past 33 days, including 1.7 cents Friday, according to figures from the AAA and Oil Price Information Service. It decreased 20 consecutive days, was unchanged May 27 and resumed dropping the following day.
The average price is 11.2 cents less than one week ago, 39.3 cents lower than one month ago and 5.1 cents below what it was one year ago. It has dropped $1.59 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price dropped for the 25th time in 26 days, decreasing 1.6 cents to $4.801, its lowest amount since Feb. 28. The average price has dropped 34.9 cents over the past 26 days, including 2 cents Friday. It decreased 15 consecutive days, was unchanged May 28 and resumed dropping the following day.
The Orange County average price is 11.8 cents less than one week ago, 40.2 cents lower than one month ago and 10.2 cents below what it was one year ago. It has dropped $1.658 since rising to a record $6.459 on Oct. 5, 2022.
The national average price dropped for the 16th consecutive day, decreasing 1.5 cents to $3.456. It has dropped 15.9 cents over the past 16 days, including 1.6 cents Friday.
The national average price is 8.8 cents less than one week ago, 18.4 cents lower than one month ago and 10.8 cents below what is was one year ago. It has dropped $1.56 since rising to a record $5.016 on June 14, 2022.
“This drop in pump prices appears to have some sticking power for now,” said Andrew Gross, an AAA national public relations manager. “More states should see their averages dip below $3 a gallon in the coming weeks.”
The California average price for a gallon of self-serve regular gasoline was $4.943 Saturday, the highest in the nation. The reasons for the highest price include the nation’s highest gasoline taxes, according to the U.S. Energy Information Administration, and the special blend of gasoline required to be sold in the state that reduces pollution.