Monday, March 10, 2025

Slight Decrease Extends Run of Dropping LA County Gas Prices

CITY NEWS SERVICE

The run of decreases to the average price of a gallon of self-serve regular gasoline in Los Angeles County was extended Sunday to 12 times in the last 13 days with a decrease of three-tenths of a cent to $4.705.

The average price has dropped 7.9 cents over the past 13 days, including 1.1 cents Saturday, according to figures from the AAA and Oil Price Information Service. It is 4.3 cents less than one week ago and 23.3 cents less than one year ago, but 5.8 cents more than one month ago. It has dropped $1.789 since rising to a record $6.494 on Oct. 5, 2022.

The national average price dropped for the third consecutive day, decreasing six-tenths of a cent to $3.089. It is nine-tenths of a cent less than one week ago, 4.7 cents less than a month ago and 30.8 cents less than one year ago. It has dropped $1.927 since rising to a record $5.016 on June 14, 2022.

Drivers in parts of the nation could see fluctuations at the pump due to markets and the transition to summer-grade gasoline, which is more expensive to produce, according to the AAA.