Average LA County Gas Price Drops to Lowest Amount Since Feb. 22

LOS ANGELES -- The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today to its lowest amount since Feb. 22, decreasing two-tenths of a cent to $4.828, its sixth decrease in seven days.

The average price has dropped 2.4 cents over the past seven days, including nine-tenths of a cent Wednesday, according to figures from the AAA and the Oil Price Information Service. It is 12.2 cents less than one month ago and $1.261 lower than one year ago. It has dropped $1.666 since rising to a record $6.494 on Oct. 5.

The national average price rose four-tenths of cent to $3.536 one day after a run of three decreases in four days totaling 1.2 cents ended with an increase of one-tenth of a cent. It is three-tenths of a cent less than one week ago, 14 cents lower than one month ago and $1.031 below what it was one year ago.

The national average price has dropped $1.48 since rising to a record $5.016 on June 14.

-- City News Service