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Wednesday, December 13, 2023

Average LA County Gas Price Drops for 74th Time in 75 Days

CITY NEWS SERVICE

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The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Wednesday for the 74th time in the last 75 days, falling 1.8 cents to $4.801.

The average price has dropped $1.513 over the past 75 days, including 1 cent Tuesday, according to figures from the AAA and Oil Price Information Service.

It is 6.9 cents less than one week ago and 36.6 cents less than one month ago, but 19.3 cents more than one year ago. The average price has decreased $1.693 since rising to a record $6.494 on Oct. 5, 2022.

The national average price dropped for the 73rd time in 76 days, falling 1.6 cents to $3.121. It is 9.5 cents less than one week ago, 24.4 cents lower than one month ago and 12.4 cents cheaper than one year ago.

The national average price has dropped $1.895 since rising to a record $5.016 on June 14, 2022.

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