The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Wednesday to its lowest amount since Jan. 4, decreasing four-tenths of a cent to $4.429.
The average price has dropped eight of the past nine days, decreasing 3.9 cents, including 1.4 cents Tuesday, according to figures from the AAA and the Oil Price Information Service.
The average price is 2.5 cents less than one week ago, 28.8 cents lower than one month ago but 1.7 cents more than one year ago. It has dropped $2.065 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price dropped to its lowest amount since Dec. 20, 2024, decreasing three-tenths of a cent to $4.309. It has dropped five consecutive days, decreasing 3.1 cents, including 1.6 cents Tuesday, after back-to-back increases totaling 1 cent.
The Orange County average price is 2.1 cents less than one week ago, 34.3 cents lower than one month ago and 2.9 cents below what it was one year ago. It has dropped $2.15 since rising to a record $6.459 on Oct. 5, 2022.
The Orange County average price was also the lowest to end a year since 2020. It was at its lowest amount to start a year since 2021 on Jan. 1, 2025.
The national average price recorded its second consecutive increase following a run of five decreases in six days totaling 3.3 cents, rising a half-cent to $2.839. It is 1.5 cents less than one week ago, 16.6 cents lower than one month ago and 20.4 cents below what it was one year ago.
The national average price has dropped $2.177 since rising to a record $5.016 on June 14, 2022.
“2025 wasn’t a year of dramatic spikes or collapses — it was a year of rare stability,” 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 released Tuesday.
“Prices still followed a seasonal pattern, but they stayed confined to one of the narrowest ranges drivers have seen in years. When drivers look back, 2025 will stand out as one of the calmest years at the pump in modern history. That level of stability is unusual, and it may not be fully appreciated until volatility returns.”