Average LA, Orange County Gas Prices Drop

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Tuesday 1 cent to $4.627, a day after rising four-tenths of a cent.

The average price is eight-tenths of a cent less than one week ago, 15.5 cents less than one month ago and 45.9 cents less than one year ago, according to figures from the AAA and Oil Price Information Service. It has dropped $1.867 since rising to a record $6.494 on Oct. 5, 2022.

The Orange County average price dropped nine-tenths of a cent to $4.563, a day after dropping a half-cent. It is six-tenths of a cent more than one week ago, 11.8 cents less than one month ago and 46.3 cents less than one year ago. It has dropped $1.896 since rising to a record $6.459 on Oct. 5, 2022.

The national average price decreased six-tenths of a cent to $3.499, a day after dropping one-tenth of a cent.

It is three-tenths of cent less than one week ago, seven-tenths of a cent more than one month ago, and 25.3 cents less than one year ago. The national average price has dropped $1.517 since rising to a record $5.016 on June 14, 2022.

"We continue to see a mixed bag when it comes to gas prices across the country: states in the Great Lakes region are still being jolted by the Joliet, Illinois refinery outage, which has also impacted gas prices in some areas of Canada, while areas like the West Coast continue to see notable declines," said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.

"With the summer winding down and GasBuddy data showing disappointing gasoline demand and struggling oil prices, we could eventually see the national average falling a bit more, especially once the refinery in Illinois restarts operations. While hurricane season hasn't been a factor yet, it's also just starting to get into its prime, and that does remain a quiet wild card for now."