Southland Gas Prices Keep Dropping

ExxonMobile Posts Record Breaking Quarterly Profit

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today for the 19th consecutive day and 29th time in the last 30 days, decreasing a half-cent to $3.15.

The average price has dropped 15.3 cents over the past 30 days, including six-tenths of a cent on Tuesday, according to figures from the AAA and Oil Price Information Service.

The average price is 3.9 cents less than one week ago and 15.2 cents lower than one month ago, but 44.3 cents more than one year ago.

The average price dropped for 10 consecutive days, was unchanged on Nov. 24, then resumed dropping Nov. 25.

The Orange County average price dropped today for the 29th consecutive day and 34th time in 35 days, decreasing a half-cent cent to $3.094.

The Orange County average price has dropped 18.2 cents over the past 35 days, including a half-cent on Tuesday. It is 3.9 cents less than one week ago and 17 cents lower than one month ago, but 39.3 cents more than one year ago.

The decreases follow a 15-day streak of increases totaling 25.6 cents that boosted the Orange County average price to its highest amount since Sept. 14, 2015. The increases included a statewide 12-cent a gallon gasoline tax increase that went into effect Nov. 1.

Photo: Getty Images


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