Business & Tech

Southland Gasoline Prices Continue Dropping

By City News Service

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today for the 13th consecutive day and 18th time in 19 days, decreasing two-tenths of a cent to $4.007.

The average price has fallen 8.8 cents over the past 19 days and is 4.6 cents less than one week ago and 22.3 cents lower than one year ago, according to figures from the AAA and Oil Price Information Service.

However, it is 10.9 cents more than one month ago, thanks in part to a 13-day streak of increases immediately before prices began to drop.

The Orange County average price dropped for the 19th consecutive day, decreasing eight-tenths of a cent to $3.971. It has fallen 10 cents over the past 19 days, including one-tenth of a cent Monday, and is 4.9 cents less than one week ago and 21.2 cents lower than one year ago.

The average price is 10.6 cents higher than a month ago, in part because of a stretch of 12 increases in 13 days immediately before the start of dropping prices.


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