The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped for the 10th consecutive day Sunday, decreasing four-tenths of a cent to $6.346.
The streak follows a 44-day streak of increases totaling 79.7 cents that brought the average price within 5.4 cents of its record high. The average price is 7.4 cents less than one week ago, but 37.3 cents more than one month ago and $1.63 more than one year ago, according to figures from the AAA and Oil Price Information Service.
It has dropped 9.3 cents over the past 10 days, including 1.6 cents Saturday. The average price has increased $1.652 since the start of the joint U.S./Israel war on Iran on Feb. 28, which sent oil prices higher and drastically accelerated increases at the gas pump.
The record average price is $6.493 set Oct. 5, 2022.
The Orange County average price also dropped for the 10th consecutive day, falling seven-tenths of a cent to $6.283. It has dropped 12.2 cents over the past 10 days, including 1.5 cents Saturday. The 10-day streak follows a run of 42 increases 44 days that pushed it within 5.3 cents of its record high.
The Orange County average price is 9.3 cents less than one week ago, but 32.9 cents more than one month ago and $1.60 more than one year ago. It has increased $1.647 since the start of the war on Iran.
Its record average price is $6.458 set Oct. 5, 2022.
The dropping prices are the result of Gov. Gavin Newsom’s announcement that cheaper winter-blend gasoline would be allowed to be sold immediately instead of the customary Nov. 1 date.
The national average price dropped eight-tenths of a cent to $4.358, its 14th decrease in the last 16 days. It is 1.1 cents less than one week ago, but 6.3 cents more than one month ago and $1.269 more than one year ago. It has increased $1.376 since the attack on Iran.
The national average price remains the highest it’s ever been for this time of year.