LOS ANGELES (CNS) - A 14-day streak of falling gas prices in Los Angeles County ended today when the average price of a gallon of self-serve regular gasoline in the county rose two-tenths of a cent to $3.703.
The average price had decreased 21 of the previous 22 days, including four-tenths of a cent Friday. It is 3.2 cents less than one week ago and 2.4 cents lower than one month ago, but 6.5 cents more than one year ago, according to figures from the AAA and Oil Price Information Service.
The Orange County, the average price dropped two-tenths of a cent to $3.673. It is 2.2 cents less than one week ago and six-tenths of a cent lower than one month ago, but 8.7 cents higher than one year ago.
“Gas prices are still about 45 cents higher than they were at their lowest point of 2019 in January, but they are heading downward slowly because oil prices are lower than a month ago and local refineries have plenty of fuel inventory,” said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
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