The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped two-tenths of a cent Saturday to $4.505, its lowest amount since Jan. 17, 2023.
The average price has dropped 11 times in the last 12 days, and is 2 cents less than one week ago, 7.9 cents less than one month ago and 69.5 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.989 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price rose one-tenth of a cent to $4.408 for its second consecutive slight increase, two days after dropping to its lowest amount since Dec. 30, 2022. It is eight-tenths of a cent less than one week ago, 11.7 cents less than one month ago and 64.5 cents less than one year ago. The Orange County average price has dropped $2.051 since rising to a record $6.459 on Oct. 5, 2022.
“With the exception of San Bernardino, Santa Barbara and Ventura, all major metro areas in Southern California now have the lowest gas price levels of the year,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager. “Oil Price Information Service reports that California gasoline inventories have increased for three straight weeks.”
The national average price dropped nine-tenths of a cent to $3.09. It is 2 cents less than one week ago, 11.5 cents less than one month ago and 31.1 cents less than one year ago. The national average price has dropped $1.926 since rising to a record $5.016 on June 14, 2022.