The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Friday to its lowest amount since Dec. 20, 2024, decreasing 1.5 cents to $4.37.
The average price has fallen six of the past seven days, decreasing 6.4 cents, including seven-tenths of a cent Thursday, according to figures from the AAA and Oil Price Information Service. It dropped a half-cent on both Saturday and Sunday, rose a half-cent Monday and resumed decreasing Tuesday.
The average price is 23.9 cents less than one month ago and 8.2 cents lower than one year ago. It has dropped $2.124 since rising to a record $6.494 on Oct. 5, 2022.
The Orange County average price dropped to its lowest amount since June 25, 2021, decreasing 1.7 cents to $4.25. It has dropped seven consecutive days, decreasing 6.4 cents, including 1.5 cents Thursday.
The Orange County average price is 27.2 less than one month ago and 15 cents lower than one year ago. It has dropped $2.209 since rising to a record $6.459 on Oct. 5, 2022.
“Several more Southern California gas stations are now charging less than $3.50 a gallon, and drivers should easily be able to find pump prices lower than $3.70 a gallon in most areas,” Doug Shupe, the Automobile Club of Southern California’s corporate communications manager, said in a statement released Thursday.
The national average price dropped 1.2 cents to $2.807, one day after remaining unchanged. It is 2.3 cents less than one week ago, 13.8 cents lower than one month ago and 26.2 cents below what it was one year ago.
The national average price has dropped $2.209 since rising to a record $5.016 on June 14, 2022.