Southland Gas Prices Drop Slightly


Photo: AFP

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped one-tenth of a cent today to $4.402, the second consecutive decrease after a streak of seven consecutive increases that had pushed it to its highest amount since Oct. 23, 2012.

The average price is eight-tenths of a cent more than one week ago, 2.3 cents more than one month ago, and $1.17 higher than one year ago, according to figures from the AAA and Oil Price Information Service.

The Orange County average price dropped three-tenths of a cent to $4.366. It is a half-cent more than one week ago, 1.9 cents higher than one month ago and $1.16 greater than one year ago.

So far, oil production closures around New Orleans caused by Hurricane Ida have not translated to a significant spike at the pump. Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager, told City News Service that any local impact will be short-lived as long as the damage to those refineries is minimal.

Oil from the Gulf of Mexico region is not used in the production of gasoline sold in Southern California.

Copyright 2021, City News Service, Inc.

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