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SoCal Gas Prices Drop To Lowest Amount Since July

CAMARILLO (CBS/AP) — The average price of a gallon of self-serve regular gasoline in Los Angeles County and the Inland Empire dropped Sunday to its lowest amount since July 13.

The average price of a gallon of self-serve regular gasoline in L.A. County dropped to $3.702. The average price of gas in Riverside and San Bernardino counties decreased to $3.669.

That's according to the Lundberg Survey of fuel prices, released Sunday, which puts the average national price of a gallon of regular at $3.38. That's 10 cents less than three weeks ago.

Mid-grade costs an average of $3.55 a gallon, and premium is $3.69.

Diesel dipped two cents to $4.02 a gallon.

In California, the lowest average price was $3.42 in Stockton and the highest was $3.73 in Bakersfield. The average statewide for a gallon of regular was $3.52, down a dime.

Of the cities surveyed in the lower 48 states, Memphis, Tenn., has the nation's lowest average price for gas at $3.04. Long Island, N.Y. has the highest at $3.85.

(TM and © Copyright 2012 CBS Local Media, a division of CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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