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You are at:Home»LA County»Average LA County gas price drops to lowest amount since late 2021
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Average LA County gas price drops to lowest amount since late 2021

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By City News Service on December 14, 2022 LA County

LOS ANGELES – The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Wednesday to its lowest amount since Oct. 26, 2021, decreasing 4.3 cents to $4.565.

The average price has dropped 34 consecutive days, decreasing 96.6 cents, including 1.5 cents Tuesday, according to figures from the AAA and the Oil Price Information Service. It has fallen 67 times in 70 days since rising to a record $6.494 on Oct. 5, decreasing $1.929.

The average price is 18.7 cents less than one week ago, 93.7 cents lower than one month ago and 11.7 cents below what it was one year ago.

The Orange County average price dropped to its lowest amount since Oct. 15, 2021, decreasing 4.4 cents to $4.442, 17.7 cents less than one week ago, 95.6 cents lower than one month ago and 20.6 cents below what it was one year ago.

The Orange County average price has dropped for 33 consecutive days, decreasing 99.4 cents, including 2 cents Tuesday. It has fallen 67 times in 70 days since rising to a record $6.357 on Oct. 5, decreasing $1.915.

The national average price dropped for the 35th consecutive day, falling 3.1 cents to $3.214, 14.1 cents less than one week ago, 55.9 cents lower than one month ago, and 10.9 cents below what it was one year ago.

The national average price has dropped 59.1 cents over the past 35 days, including 1.7 cents Tuesday. It is $1.802 lower than the record $5.016 set on June 14.

The lower prices are “saving Americans roughly $20 per fill-up compared to six months ago,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.

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City News Service

City News Service is a regional wire service covering Los Angeles, Orange, Riverside and San Diego counties. Its reporting and editing staff cover public safety, courts, local government and general assignment stories.

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