17 days and counting: Los Angeles, Orange County gas prices continue to fall

LOS ANGELES (CNS) — The average price for a gallon of self-serve regular gasoline in Los Angeles County on Saturday fell for the 17th straight day since rising to a record, down 4.1 cents to $5,831.

According to figures from the AAA and the Oil Price Information Service, the average price has fallen 66.3 cents over the past 17 days, including 5.3 cents on Friday. It’s 32.4 cents down from a week ago, but 24.4 cents up from a month ago and $1.288 up from a year ago — largely due to a 33-day streak totaling $1.248 that began on March 6 October ended.

Orange County’s median price also fell for the 17th straight day since rising to a record, down 5.5 cents to $5,698.

Orange County’s median price is down 76.1 cents over the past 17 days, including 3.2 cents on Friday, after a series of 15 increases in 16 days to a total of $1,063 ending Oct. 6. It’s 33.6 cents down from a week ago, but 13.2 cents over a month ago and $1,191 up from a year ago.

Declines should take place “at least until average prices reach the level they were at in early September,” Marie Montgomery, public relations specialist at the Automobile Club of Southern California, told the City News Service.

Los Angeles County’s median price is at its lowest since September 25, while Orange County’s median price is at its lowest since September 24.

The national median price fell for the 10th time in the past 11 days, down 1.7 cents to $3.803. It’s down 12 cents over the past 11 days, including 1.6 cents on Friday.

The national median price is 8.9 cents lower than last week, but 11.9 cents over the month and 42.5 cents higher than a year ago. That’s $1,213 down from the record $5,016 set on June 14.

Copyright 2022, City News Service, Inc.

Copyright © 2022 City News Service, Inc. All rights reserved.

https://abc7.com/gas-prices-los-angeles-county-orange-inflation/12361520/ 17 days and counting: Los Angeles, Orange County gas prices continue to fall

Laura Coffey

World Time Todays is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@worldtimetodays.com. The content will be deleted within 24 hours.

Related Articles

Back to top button