LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped a half-cent today to $3.156 one day after remaining unchanged.
The average price is eight-tenths of a cent less than one week ago, 4.2 cents lower than one month ago and 97.1 cents cheaper than one year ago, according to figures from the AAA and Oil Price Information Service. It has decreased 45.9 cents since the start of the year.
The Orange County average price dropped one-tenth of a cent to $3.118, its lowest amount since July 22. It is 1.1 cents less than one week ago, 4.4 cents lower than one month ago and 96.8 cents cheaper than one year ago. It has decreased 42.7 cents since the start of the year.
The Orange County average price has dropped 11 of the past 12 days, decreasing 2.4 cents, including two-tenths of a cent on Thursday. The only interruption to the streak came on Wednesday when the average price was unchanged.
The average prices were expected to decrease more this week in connection with stations being able to sell winter blend gasoline, which is cheaper to produce, on Sunday, but “news reports of maintenance issues at Chevron refineries in El Segundo and Richmond may have something to do with gas prices staying where they are and not dropping as much as would be expected at this time of year,'' said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
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