LA, OC Gasoline Prices Fall For 25th Straight Day

LOS ANGELES (CBS) — The average price of a gallon of self-serve regular gasoline in Los Angeles County fell Monday for the 25th consecutive day, dropping to $3.65, the lowest amount since Feb. 24.

The average price is 7.2 cents less than one week ago and 22.1 cents lower than a month ago, according to AAA and the Oil Price Information Service.

The average price has dropped 21.8 cents over the past 25 days, including nine-tenths of a cent on Sunday.

The Orange County average price also fell Monday for the 25th consecutive day, dropping to $3.62. The average price is 6.8 cents less than one week ago and 22.3 cents lower than a month ago.

The Orange County average price has dropped 22.1 cents over the past 25 days, including 1 cent on Sunday.

The decreasing prices are the result of lower demand, which is typical for the fall, according to Jeffrey Spring of the Automobile Club of Southern California.

Comments

One Comment

  1. Paul says:

    So What ! Anything over $3 a gallon is a total rip off. No matter what the gas companies say $3 a gallon is quite good, even at that price they will make billions.

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