Streak of Dropping L.A. County Gas Prices Narrowly Extended to 55 Days

US-HEALTH-VIRUS-OIL-ENERGY-MARKET

LOS ANGELES (CNS) - The streak of decreases to the average price of a gallon of self-serve regular gasoline in Los Angeles County was extended today to 55 days, but barely, with a decrease of one-tenth of a cent to $2.855.

The average price has dropped 70.4 cents during the streak, including four-tenths of a cent on Friday, to its lowest amount since Feb. 1, 2017, according to figures from the AAA and Oil Price Information Service. The streak of decreases is the longest since a 92-day run from Oct. 2, 2014-Jan. 1, 2015.

The average price is 4 cents less than a week ago, 36.1 cents lower than a month ago and $1.231 below what it was one year ago. It has dropped 75.3 cents since the start of the year.

The Orange County average price dropped to its lowest amount since Jan. 26, 2017, decreasing three-tenths of a cent to $2.825. It has dropped 59 of the past 60 days, decreasing 69.4 cents. It dropped for 53 consecutive days, rose one-tenth of a cent on Sunday, then resumed dropping on Monday

The Orange County average price is 3.9 cents less than one week ago, 35.2 cents lower than one month ago and $1.238 below what it was one year ago. It has dropped 72 cents since the start of the year, including two-tenths of a cent on Friday.

Photo: Getty Images


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