The average price of a gallon of self-serve regular gasoline in Los Angeles County rose 1.9 cents Saturday to $4.566.

The average price is eight-tenths of a cent more than one week ago, but 4.3 cents less than one month ago and $1.579 less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.928 since rising to a record $6.494 on Oct. 5, 2022.

The Orange County average price rose 3.1 cents to $4.522. It is 3.4 cents more than one week ago, but 1.6 cents less than one month ago and $1.488 less than one year ago. It has dropped $1.937 since rising to a record $6.459 on Oct. 5, 2022.

The national average price dropped a half-cent to $3.177, its eight consecutive decrease. It is 4.3 cents less than one week ago, 13.1 cents less than one month ago and 59.1 cents less than one year ago. It has dropped $1.839 since rising to a record $5.016 on June 14, 2022.

“Despite the threat of war and a hurricane season that is still percolating, domestic gasoline prices are edging lower,” said Andrew Gross, an AAA national public relations manager. “There are now 18 states east of the Rockies with averages below $3 a gallon. And OPEC+ is saying, at least for now, they will increase production starting Dec. 1, putting even more downward pressure on pump prices.”

Leave a comment

Your email address will not be published. Required fields are marked *