LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped six-tenths of a cent today to $3.164, one day after decreasing a half-cent.
The average price has dropped six of the past eight days and is 1.5 cents less than one week ago, 3.7 cents lower than one month ago and 91.2 cents cheaper than one year ago, according to figures from the AAA and Oil Price Information Service. It has decreased 45.1 cents since the start of the year.
The Orange County average price dropped two-tenths of a cent for the second consecutive day to $3.129. It is 1.4 cents less than one week ago, 3.8 cents lower than one month ago and 90.2 cents cheaper than one year ago. It has decreased 41.6 cents since the start of the year.
“Southern California wholesale prices have dipped by more than 30cents since Sept. 1, and with winter blend gasoline on the way, there will be a lot of downward pressure on gas prices,'' said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
Stations can begin selling winter blend gasoline, which is cheaper to produce, on Sunday.
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