Los Angeles County Gas Price Drops for 24th Consecutive Day


LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today for the 24th consecutive day, decreasing 1.5 cents to $3.692, its lowest amount since Sept. 23.

The average price has dropped 18.5 cents over the past 24 days, including 1.3 cents on Thursday, according to figures from the AAA and Oil Price Information Service.

The average price is 7.2 cents less than one week ago and 18.7 cents lower than one month ago, but 40.7 cents more than one year ago. It has risen 54.2 cents since the start of the year.

The Orange County average price dropped for the 23rd consecutive day today, decreasing 1.4 cents to $3.638, its lowest amount since Sept. 22. It has decreased 18.5 cents over the past 23 days, including 1.5 cents on Thursday.

The Orange County average price is 7.5 cents less than one week ago and 19.1 cents lower than one month ago, but 39.6 cents more than one year ago. It has risen 52.2 cents since the start of the year.

“The price drops are happening nationwide as well as in California because oil prices have dropped dramatically,” said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager. “There is a wide range of prices right now locally because some gas station chains are lowering prices more aggressively than others.”

Photo: Getty Images


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