LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County remained unchanged today at $3.603, the lowest it's been since Aug. 30.
It is 1 cent less than one week ago and 14.2 cents lower than one month ago, but 26.4 cents more than one year ago, according to figures from the AAA and Oil Price Information Service.
The Orange County average price rose four-tenths of a cent to $3.54. It is one-tenth of a cent more than one week ago, 12.2 cents lower than one month ago, and 24.3 cents more than one year ago.
“Gas prices are continuing to tick down very slightly but there has been some upward pressure on the Los Angeles wholesale gasoline market in the last couple of days, probably at least partly due to the situation in the Middle East that has driven up oil prices,” said Marie Montgomery, a public relations specialist with the Automobile Club of Southern California.
“However, industry analysts are expecting oil prices to drop back down provided there is not an escalation of the situation,” she added.
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