The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Friday for the ninth consecutive day, decreasing 1.4 cents to $5.952.
The streak is the longest since a 13-day streak from Dec. 9-21, according to figures from the AAA and Oil Price Information Service. The average price has dropped 9.6 cents over the past nine days, including 1.3 cents on Thursday.
The average price is 6.3 cents less than one week ago but 31.9 cents more than one month ago and $1.104 higher than one year ago. It is 54.2 cents less than the record $6.494 set on Oct. 5, 2022.
The Orange County average price dropped for the ninth time in 10 days, decreasing four-tenths of a cent to $5.869. It dropped six consecutive days, rose six-tenths of a cent on Tuesday and resumed dropping on Wednesday.
The Orange County average price has dropped 11 cents over the past 10 days, including 1.6 cents on Thursday. It is 6.3 cents less than one week ago, but 27.1 cents more than one month ago and $1.086 higher than one year ago.
The Orange County average price is 59 cents less than the record $6.459 set on Oct. 5, 2022.
Prices were rising slightly in line with seasonal norms before the joint U.S./Israel attack on Iran on Feb. 28 sent oil prices higher and drastically accelerated increases at the gas pump. Prices began to fall slightly after the announcement of a ceasefire on April 7, though subsequent peace talks in Pakistan failed to produce a deal.
“Today, the least expensive gas stations in Southern California are charging less than $5.20 a gallon,” Kandace Redd, the Automobile Club of Southern California’s senior public affairs specialist, said in a statement released Thursday.
“If oil prices drop further and supplies in California are stable, we could see pump prices continue to decline.”
The national average price dropped for the seventh time in eight days, decreasing 1.7 cents to $4.076. It dropped three consecutive days, was unchanged on Monday and resumed falling on Tuesday. It has decreased 9 cents over the past eight days, including 1.5 cents on Thursday.
The national average price is 7.7 cents less than one week ago but 28.6 cents more than one month ago and 90.9 cents higher than one year ago. It is 94 cents less than the record $5.016 set on June 14, 2022.