Southland Gasoline Prices Fall For Ninth Straight Day

The average price of a gallon of self-serve regular gasoline in Los Angeles County fell today for the ninth consecutive day, dropping 1.1 cents to $4.321, one day after decreasing 1.4 cents

The average price has dropped 8.6 cents over the past nine days and is 7.4 cents less than one week ago, according to figures from the AAA and Oil Price Information Service.

However, because of the seven-day streak of increases totaling 17.9 cents that preceded the decreases, the average price is 12.3 cents more than one month ago and 21.4 cents higher than one year ago.

The Orange County average price also fell today for the ninth consecutive day, dropping 1.6 cents to $4.293. It has dropped 9.6 cents over the past nine days, including 1.6 cents on Wednesday, and is 7.7 cents less than a week ago.

However, thanks to the seven-day streak of increases totaling 18.4 cents that preceded the decreases, the average price is 12.4 cents more than one month ago and 21.3 cents higher than one year ago.

"Gas prices are fortunately decreasing by a penny a day or more, but we're not yet seeing any stations with prices under $4 a gallon as was the case earlier this month," said Jeffrey Spring of the Automobile Club of Southern California.

Analysts are attributing the decreasing prices to increasing supplies.

WHERE ARE THE LOWEST GAS PRICES IN CERRITOS AND ARTESIA?

Cerritos and Artesia residents can visit the Patch Traffic and Gas page by clicking here, to find the lowest prices at the pump in our neighborhood.

- City News Service