LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today for the fourth consecutive day following a seven-day streak of increases, decreasing six-tenths of a cent to $3.796.
The average price has decreased 1.3 cents over the past four days, including one-tenth of a cent Sunday, according to figures from the AAA and Oil Price Information Service. It rose 8.2 cents over the previous seven days. A 5.6-cent per gallon tax increase for road and mass transit programs went into effect last Monday.
The average price is 2.5 cents more than one week ago and 12.9 cents higher than one year ago but 7.4 cents less than one month ago.
The Orange County average price dropped for the fifth consecutive day today following a nine-day streak of increases, decreasing four-tenths of a cent to $3.744. It has dropped 1.5 cents over the past five days, including one- tenth of a cent on Sunday, after rising 8.7 cents during the nine-day streak of increases.
The Orange County average price is 1.9 cents more than one week ago and 13.4 cents higher than one year ago but 8.9 cents less than one month ago.