The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped for the 23rd time in 24 days Sunday, falling seven-tenths of a cent to $6.098.
The average price has decreased 34.1 cents over the past 24 days, including 2.9 cents Saturday, according to figures from the AAA and Oil Price Information Service. The run of decreases follows a 44-day streak of increases totaling 79.7 cents that brought the average price within 5.4 cents of its record high, $6.493, set Oct. 5, 2022.
The average price is 14.4 cents less than one week ago and 23.8 cents less than one month ago, but $1.464 more than one year ago. It has increased $1.404 since the start of the joint U.S./Israel war on Iran on Feb. 28, which sent oil prices higher and drastically accelerated increases at the gas pump.
The Orange County average price dropped for the 24th consecutive day, falling 1.3 cents to $5.981. It has dropped 42.4 cents over the past 24 days, including 3 cents Saturday. The streak of decreases follows a run of 42 increases in 44 days totaling 83.7 cents that pushed it within 5.3 cents of its record high, $6.458, set Oct. 5, 2022.
The Orange County average price is 18.1 cents less than one week ago and 34.3 cents less than one month ago, but $1.399 more than one year ago. It has increased $1.345 since the start of the war on Iran.
The dropping prices are the result of Gov. Gavin Newsom’s announcement Sept. 28 that cheaper winter-blend gasoline would be allowed to be sold immediately instead of the customary Nov. 1 date.
The national average price dropped six-tenths of a cent to $4.289. It is nine-tenths of a cent less than one week ago and 20.2 cents less than one month ago, but $1.23 more than one year ago. The national average price has increased $1.307 since the attack on Iran.