gas station
Gas Station - Photo courtesy of MNLA Staff

The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped one-tenth of a cent Friday to $4.608, a day after dropping one-tenth of a cent.

The average price increased 11 times in the past 14 days, and is 2.8 cents more than one week ago, 1.9 cents more than one month ago and 82.2 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.886 since rising to a record $6.494 on Oct. 5, 2022.

The Orange County average price dropped one-tenth of a cent to $4.537, a day after dropping two-tenths of a cent.

It is 3.4 cents more than one week ago, 3.4 cents more than one month ago and 84.9 cents less than one year ago. The Orange County average price has dropped $1.922 since rising to a record $6.459 on Oct. 5, 2022.

The national average price dropped 1.2 cents to $3.296, a day after dropping nine-tenths of a cent. It was the 21st decrease in the past 22 days.

It is 5.4 cents less than one week ago, 16.6 cents less than one month ago and 50.7 cents less than one year ago. The national average price has dropped $1.72 since rising to a record $5.016 on June 14, 2022.

“Oil Price Information Service reports that some unplanned refinery flaring and refiner purchases of fuel on the wholesale market put some upward pressure on pump prices,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.

“In the last day or two, however, some metro areas saw prices drop slightly, so it remains to be seen which way prices will head in the next week.”

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