Northridge-Chatsworth Gas Price Drops For 10th Time in 11 Days

NORTHRIDGE-CHATSWORTH -- The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped two-tenths of a cent today to $4.924, decreasing for the 10th time in 11 days.

The average price has dropped 5 cents over the past 11 days, including a half-cent Wednesday, according to figures from the AAA and the Oil Price Information Service. It is 1.9 cents less than one week ago and $1.471 lower than one year ago but 6.1 cents more than one month ago.

The average price has dropped $1.57 since rising to a record $6.494 on Oct. 5.

The national average price rose three-tenths of a cent to $3.584, the second consecutive increase following a run of seven decreases in eight days totaling 1.7 cents. It is a half-cent less than one week ago and $1.371 lower than one year ago but 4.4 cents more than one month ago.

The national average price has dropped $1.432 since rising to a record $5.016 on June 14, 2022.

-- City News Service