LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped two-tenths of a cent today to $4.184, one day after decreasing one-tenth of a cent.
The average price had risen 28 times in the 29 days before Sunday, increasing 16.1 cents to its highest amount since Oct. 19, 2019, according to figures from the AAA and Oil Price Information Service.
The average price is 1 cent more than one week ago, 15.2 cents higher than one month ago and $1.262 greater than one year ago. It has risen 95.2 cents since the start of the year, partly because of a run of 59 increases in 60 days totaling 57.9 cents that ended March 21.
The Orange County average price dropped two-tenths of a cent to $4.139, the second decrease in three days. It dropped one-tenth of a cent Saturday.
The Orange County average price is 1.1 cents more than one week ago, 13.7 cents higher than one month ago and $1.248 greater than one year ago. It has risen 93.1 cents since the start of the year, including three-tenths of a cent Sunday, mainly because of a run of 72 increases in 73 days totaling 68.1 cents that ended March 20.
The large price increases from one year ago are the result of significant decreases during the early stage of the coronavirus pandemic, when driving and demand dropped substantially because of stay-at-home orders intended to reduce the spread of the virus.
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