The run of 12 decreases in 13 days to the average price of a gallon of self-serve regular gasoline in Los Angeles County totaling 13.9 cents ended Monday when it was unchanged, remaining at $4.632.
The run began one day after a 13-day streak of decreases totaling 11.6 cents ended when the average price was unchanged, according to figures from the AAA and the Oil Price Information Service
The average price is 8.4 cents less than one week ago and 25 cents lower than one month ago, but 22.4 cents more than one year ago. It has dropped $1.862 since rising to a record $6.494 on Oct. 5.
The Orange County average price dropped for the 14th time in 15 days, falling three-tenths of a cent to $4.544. It has dropped 17.1 cents over the past 15 days, including seven-tenths of a cent Sunday.
The average price dropped five consecutive days, rose a half-cent Nov. 29 and resumed decreasing Nov. 30. The run began one day after the end of a 12-day streak of decreases totaling 13.9 cents.
The Orange County average price is 9.9 cents less than one week ago and 30.6 cents less than one month ago, but 21.5 cents more than one year ago. It has dropped $1.915 since rising to a record $6.458 on Oct. 5, 2022.
The national average price dropped for the 17th time in 18 days on Monday, falling three-tenths of a cent to $2.952. It has dropped 14.8 cents over the past 18 days, including eight-tenths of a cent on Sunday.
The national average price dropped 12 consecutive days, rose one-tenth of a cent Wednesday, then resumed decreasing Thursday. It is 4.9 cents less than one week ago, 12.1 cents lower than one month ago and 6.6 cents below what it was one year ago.
The national average price has dropped $2.064 since rising to a record $5.016 on June 14, 2022.
“Gas prices continued to decline in most states last week, while some price-cycling states saw temporary spikes to restore margins,” Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations, said in a statement.
“With the national average falling further, we’re now at multi-year lows heading into Christmas. Barring any major disruptions, prices are likely to stay relatively low into the new year.”