LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today for the 16th consecutive day, decreasing 1.7 cents to $5.832.
The average price has dropped 23.8 cents over the past 16 days, including 1.3 cents Tuesday, according to figures from the AAA and Oil Price Information Service. The average price rose $1.283 to a record $6.07 during a 32-day streak of increases that ended March 27.
The average price is 10.8 cents less than one week ago but eight- tenths of a cent more than one month ago and $1.851 higher than one year ago.
The Orange County average price dropped for the 15th consecutive day, decreasing 1.4 cents to $5.789. It has dropped 24 cents over the past 15 days, including 1.6 cents Tuesday. The streak follows a run of 37 increases in 38 days totaling $1.279 to a record $6.029 March 29.
The Orange County average price is 9.9 cents less than one week ago and nine-tenths of a cent lower than one month ago but $1.838 more than one year ago.