Average Gas Price Continues To Drop In Southern California For Fourth Week In A Row

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LOS ANGELES (CNS) – The average price of a gallon of self-serve regular gasoline continues to fall for major metropolitan areas in Southern California.

In Los Angeles County the price dropped for a gallon of self-serve regular gasoline for the 20th consecutive day, decreasing seven-tenths of a cent to $3.895, its lowest amount since Sept. 25.

The average price has dropped 23.4 cents during the streak, including 1.3 cents Sunday, according to figures from the AAA and Oil Price Information Service. It is 9.7 cents less than one week ago and 21.2 cents lower than a month ago, but 25.4 cents more than one year ago.

In Orange County, the average price dropped for the 21st consecutive day, decreasing a half-cent to $3.839, its lowest amount since Sept. 25. It has dropped 24.9 cents over the past 21 days.

The Orange County average price is 9.9 cents less than a week ago and 22.9 cents lower than one month ago, but 25.1 cents more than a year ago.

The average price of a gallon of self-serve regular gasoline in Riverside County dropped today for the 22nd consecutive day, falling a half-cent to $3.804, its lowest amount since Sept. 26.

The average price has dropped 22.5 cents during the streak, including 1.2 cents Sunday, according to figures from the AAA and Oil Price Information Service. The decreases were preceded by a five-day streak of increases totaling 3 cents.

The average price is 10 cents less than one week ago and 23.8 cents lower than one month ago, but 25.8 cents higher than one year ago.

Lastly, the average price of a gallon of self-serve regular gasoline in San Diego County dropped today for the 19th consecutive day, falling 1 cent to $3.882, its lowest amount since Sept. 26.

The average price has dropped 17.6 cents during the streak, including eight-tenths of a cent Sunday, according to figures from the AAA and Oil Price Information Service.

It is 7.4 cents less than one week ago and 16.8 cents less than one month ago, but 28 cents more than one year ago.

“Based on rapid price drops in the Los Angeles wholesale gasoline market this week, we expect the price drops to continue as Thanksgiving approaches,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.

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