Average Southland Gas Prices Drop For Ninth Time in 11 Days


U.S. Gas Prices Soar To Record National Average

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County today dropped for the ninth time in 11 days, decreasing one-tenth of a cent to $3.579.

The average price has decreased 2 cents over the past 11 days, according to figures from the AAA and Oil Price Information Service. It dropped six consecutive days, was unchanged on Monday, decreased six-tenths of a cent on Tuesday to its lowest amount since Aug. 29, then rose three-tenths of a cent on Wednesday and dropped two-tenths of a cent on Thursday.

The average price is eight-tenths of a cent less than one week ago and 2.4 cents lower than one month ago but 25.5 cents more than one year ago.

The Orange County average price also dropped for the ninth time in 11 days, decreasing six-tenths of a cent to $3.521, its lowest amount since March 25. It has dropped 2.5 cents over the past 11 days, decreasing for six consecutive days, rising one-tenth of a cent on Monday, dropping three-tenths of a cent on Tuesday, rising two-tenths of a cent on Wednesday and decreasing two-tenths of a cent on Thursday.

The Orange County average price is 1.5 cents less than one week ago and one month ago but 22.3 cents higher than a year ago.

“Most of the rest of the U.S. is now experiencing weekly price drops of four to five cents during the lowest demand time of the year, and all indications are that demand is low in California too,” said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager. “However, because the state switches to using summer-blend gasoline earlier than any other state, if we see any price drops in the coming days, we expect them to be small.”


Sponsored Content

Sponsored Content