LA County, OC gas prices drop for 54 days straight
There is more relief at the pump for customers as the average price of a gallon of self-serve regular gasoline in Los Angeles County decreased for the 54rd consecutive day Sunday, dropping 1.4 cents to $5.495
It is the lowest amount it has been since March 7.
"The last time gas prices dropped so steeply in a one-month period was from October to November 2012 after the state resolved a summer-blend gasoline supply crisis by allowing stations to begin selling winter-blend a few weeks early," said Doug Shupe, the Automobile Club of Southern California's corporate communications manager.
The average price has dropped 96.7 cents since rising to a record high of $6.462 on June 14, including 4.1 cents Saturday, according to figures from the AAA and the Oil Price Information Service. It is 15.4 cents less than one week ago and 74.1 cents lower than one month ago, but $1.114 more than one year ago.
The Orange County average price also decreased for the 54th consecutive day, dropping 2 cents to $5.38, its lowest amount since March 6. It is 16.9 cents less than one week ago and 76.1 cents lower than one month ago, but $1.028 more than one year ago.
The Orange County average price has dropped $1.03 since rising to a record $6.41 on June 12, including 3.7 cents Saturday.
"Even though average gas prices are now well above $5 a gallon in Southern California, most metro areas now have several stations priced under $5 a gallon," added Shupe.
