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Thursday, January 25, 2024
20-Day Streak of Dropping Average LA County Gas Prices Ends
CITY NEWS SERVICE
A 20-day streak of decreases totaling 21.8 cents that dropped the average price of a gallon of self-serve regular gasoline in Los Angeles County to its lowest amount since Jan. 24, 2023, ended Thursday when it was unchanged, remaining at $4.539.
The average price is 4.5 cents less than one week ago, 18.2 cents lower than one month ago and a half-cent below what it was one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.955 since rising to a record $6.494 on Oct. 5, 2022.
The national average price rose six-tenths of a cent to $3.102, the third consecutive increase after a four-day streak of decreases totaling 1.7 cents. It has risen 2.5 cents over the past three days, including 1.2 cents Wednesday.
The national average price is eight-tenths of a cent more than one week ago, but 2.5 cents less than one month ago and 37.9 cents lower than one year ago. It has dropped $1.914 since rising to a record $5.016 on June 14, 2022.
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