Little Change to Southland Gas Prices

posted by City News Service -

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped one-tenth of a cent today to $3.668, one day after being unchanged.

The average price is six-tenths of a cent less than one week ago and 8.1 cents lower than one month ago but 74.3 cents higher than one year ago, according to figures from the AAA and Oil Price Information Service. It has risen 51.8 cents since the start of the year.

The Orange County average price rose one-tenth of a cent to $3.61, one day after dropping one-tenth of a cent. It is eight-tenths of a cent less than one week ago and 9.7 cents lower than one month ago but 71.9 cents higher than one year ago. It has risen 49.4 cents since the start of the year.

“Southern California gas prices are in a summer lull at the moment, not moving much in either direction,” Marie Montgomery of the Automobile Club of Southern California told City News Service. “Wholesale prices have moved back up in response to inventory drawdowns, although there is still plenty of supply, so market forces are balancing each other out to keep prices stable.”

Photo: Getty Images

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