The average price of a gallon of self-serve regular gasoline in Los Angeles County increased one-tenth of a cent Saturday to $4.458, one day after dropping one-tenth of a cent to its lowest amount since Dec. 29, 2022.
The average price is 1.2 cents less than one week ago, 10.6 cents less than one month ago and 57.2 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $2.036 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price rose eight-tenths of a cent to $4.386, the fourth increase in five days following a seven-day streak of decreases that dropped it to its lowest amount since Dec. 27, 2022. The Orange County average price is 1 cent more than one week ago, but 9.4 cents less than one month ago and 47.9 cents less than one year ago. It has dropped $2.073 since rising to a record $6.459 on Oct. 5, 2022.
“According to Oil Price Information Service, California gasoline inventories are up for three straight weeks, but fuel production is down compared to the previous week,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.
“Thanksgiving travelers in Southern California will pay less to fill up for their trips than any Thanksgiving holiday since 2020.”
The national average price remained the same at $3.058. It is 2 cents less than one week ago, 9.7 cents less than one month ago and 21 cents less than one year ago. It has dropped $1.958 since rising to a record $5.016 on June 14, 2022.