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Price gallon of gas continues to fall

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Lowest since July 10

The average price of a gallon of self-serve regular gasoline in Los Angeles County by mid-week had  dropped to its lowest amount since July 10, decreasing 2.3 cents to $4.96.

The average price has fallen 60 of the past 61 days, decreasing $1.355, including 1.7 cents Tuesday, according to figures from the AAA and Oil Price Information Service. It is 8.1 cents less than one week ago, 45 cents lower than one month ago and 11.4 cents cheaper than one year ago.

The average price  has decreased $1.534 since rising to a record $6.494 on Oct. 5, 2022.

The Orange County average price dropped for the 29th time in 30 days, decreasing 1.8 cents to $4.814, its lowest amount since June 28. It has dropped 40.1 cents over the past 30 days, including 1.5 cents Tuesday.

The Orange County average price is 6.6 cents less than one week ago, 40.1 cents lower than one month ago and 14.5 cents cheaper than one year ago. It has dropped $1.645 since rising to a record $6.459 on Oct. 5, 2022.

The national average price was unchanged at $3.246, ending a streak of 61 days of decreases in a row. It has dropped 58.9 cents over the past 62 days, including four-tenths of a cent Tuesday.

The national average price is 3.5 cents less than one week ago, 25 cents lower than one month ago and 27.5 cents cheaper than one year ago. It has dropped $1.77 since rising to a record $5.016 on June 14, 2022.

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