Find Premium Gas For Less Than $4

Gas prices dropped for the 35th day in a row Friday, falling seven-tenths of a cent overnight to reach $3.975 per gallon of regular self-serve gasoline, City News Service reported.

The price, which is the lowest it's been since March 22, is 5.7 cents than it was last week and slightly more than 30 cents lower than it was last month at this time, according to figures from the AAA and Oil Price Information Service. Nevertheless, the price is still nearly 91 cents higher than it was last year.

The streak of decreases began May 7, and prices have dropped 31.6 cents since then. Before that, it rose 43 times in 45 days.

"As prices are dropping, we are seeing some wider gaps between the cheapest and most expensive gas stations," said Jeffrey Spring of the Automobile Club of Southern California. "There are a few stations in the greater L.A. region that have prices under $3.80 a gallon."

Here are some of the stations selling gas for below-average prices in the Redondo Beach area. Prices are from GasBuddy.com and user-reported within the past 24 hours.

• Thrifty, 4925 Torrance Blvd., Torrance
  Regular: $3.799
  Premium: $3.979
• Arco, 3900 Sepulveda Blvd., Torrance
  Regular: $3.819
  Premium: $3.999
• 76, 5404 W. 190th St., Torrance
  Regular: $3.899 (cash price)

  Premium: $4.099 (cash price)
• Arco, 1131 Pacific Coast Highway, Hermosa Beach
  Regular: $3.899
  Premium: $4.099
• Arco, 16518 Hawthorne Blvd., Lawndale
  Regular: $3.899
  Premium: $4.099

The declining cost of crude oil—currently, a barrel of benchmark West Texas Intermediate crude is trading for $99.21 on the New York Mercantile Exchange—appears to be fueling the decreases, analysts said. The price of a barrel of crude oil has fallen 13 percent since reaching a two-year high of $113.93 on April 29.

Crude oil costs account for up to three-quarters of the price of a gallon of gasoline, said Western States Petroleum Association spokesman Tupper Hull.

City News Service contributed to this report.