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LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County was unchanged today, remaining at $4.401, one day after rising two-tenths of a cent.
The average price is one-tenth of a cent more than one week ago, eight- tenths of a cent higher than one month ago and $1.182 greater than one year ago, according to figures from the AAA and Oil Price Information Service. It has risen $1.169 since the start of the year.
The Orange County average price rose one-tenth of a cent to $4.359, one day after dropping two-tenths of a cent. It is two-tenths of a cent less than one week ago and three-tenths of a cent lower than one month ago but $1.17 more than one year ago.
The Orange County average price has risen $1.151 since the start of the year.
``Some substantial" decreases to pump prices are expected soon because of the customary post-Labor Day drop in demand with the end of the summer travel season, said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
``We've seen wholesale prices decline over the past week, and expect it to affect gas prices soon," Spring told City News Service. ``Prices have remained pretty flat for nearly a month. We're a penny lower than a month ago for the state average of regular gasoline.
``I'd be surprised if prices don't start going down next week, based on what's been happening on the wholesale side."