LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today for the 23rd consecutive day, decreasing four-tenths of a cent to $3.672, its lowest amount since May 2.
The average price has dropped 8.9 cents over the past 23 days, including four-tenths of a cent on Tuesday, according to figures from the AAA and Oil Price Information Service. The streak of decreases is the longest since a 27-day run from Nov. 25-Dec. 21.
The average price is 3.3 cents less than one week ago and 9.2 cents lower than one month ago, but 73.6 cents higher than one year ago. It has risen 52.2 cents since the start of the year. The Orange County average price dropped today for the 18th consecutive day and 24th time in the past 25 days, decreasing four-tenths of a cent to $3.624, its lowest amount since April 29. It has dropped 10.2 cents over the past 25 days, including seven-tenths of a cent on Tuesday.
The Orange County average price is 4.2 cents less than one week ago and 11.4 cents lower than one month ago, but 71.9 cents higher than one year ago. It has risen 50.8 cents since the start of the year. The 18-day streak of dropping prices is the longest since a 37-day streak from Nov. 15-Dec. 21.