Southland Gas Prices Drops To Lowest Amount Since Last January

Gas Prices Drops To Lowest Amount Since Last January

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today to its lowest amount since Jan. 27, decreasing four-tenths of a cent to $3.375.

The average price has dropped eight consecutive days and 13 of the past 14, decreasing 8.2 cents, including four-tenths of a cent on Wednesday, according to figures from the AAA and Oil Price Information Service.

The average price dropped five consecutive days, was unchanged Dec. 26, then resumed decreasing the next day.

The average price rose 3.6 cents in the three days before the start of the stretch of decreases.

The average price is 4.3 cents less than one week ago and 17.1 cents lower than one month ago but 21.1 cents higher than one year ago.

The Orange County average price dropped for the 14th consecutive day, decreasing seven-tenths of a cent to $3.333, its lowest amount since Jan. 26.

The Orange County average price has dropped 8.3 cents over the past 14 days, including one-tenth of a cent on Wednesday. It had risen five times in the six days immediately before the streak of decreases, increasing 4.7 cents.

The Orange County average price is 4.3 cents less than one week ago and 16.4 cents lower than one month ago but 19.9 cents higher than one year ago.

Photo: Getty Images

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