In Los Angeles County, the average price of self-serve regular gasoline increased slightly by two-tenths of a cent on Friday, reaching $4.89 per gallon. This came after a streak of 15 price decreases in 17 days, totaling 8.6 cents, was halted with no change in prices. Compared to one week ago, the current average price is 2.6 cents lower, and it is 4.7 cents lower compared to one month ago. Furthermore, it is a significant $1.437 below the price of gasoline one year ago. Since its record high of $6.494 per gallon on October 5, the price has dropped by $1.604.
In Orange County, the average price of gasoline rose for the second consecutive day after a series of 15 price decreases in 18 days, totaling 10.4 cents. It increased by four-tenths of a cent, bringing the average price to $4.823 per gallon, following a half-cent increase the previous day. Compared to one week ago, the current average price is 2.1 cents lower and 8.3 cents lower compared to one month ago. Additionally, it is $1.419 below the price of gasoline one year ago.
In Orange County, the average price has dropped significantly by $1.636 since its record high of $6.459 per gallon on October 5.
Nationally, the average price of gasoline decreased for the seventh consecutive day, dropping by six-tenths of a cent to $3.543 per gallon. Over the past seven days, the price has dropped by 4.1 cents, including a decrease of seven-tenths of a cent on Thursday. Compared to one month ago, the national average price is 3.6 cents lower and $1.314 lower compared to one year ago. It has dropped by $1.473 since reaching a record high of $5.016 on June 14, 2022.
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