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Business & Tech

After 57 Days, Gasoline Prices Are Rising Again

The average price decreased 71.5 cents during the streak that began May 17.

A 57-day streak of decreases ended Friday when the average price of a gallon of self-serve regular gasoline in Los Angeles County rose six-tenths of a cent to $3.698.

The average price decreased 71.5 cents during the streak that began May 17 and was the longest since a 91-day streak from Sept. 17-Dec. 16, 2008.

The price had fallen to its lowest amount since Jan. 4, according to figures from the AAA and Oil Price Information Service.

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Despite Friday's slight increase, the average price is 2.4 cents less than one week ago, 38.3 cents lower than one month ago and 10.1 cents below what it was one year ago.

The Orange County average price Friday recorded its first increase since May 16, rising 1.1 cents to $3.654. A 53-day streak of decreases ended Monday when the average price was unchanged. It then fell each of the next three days, including four-tenths of a cent on Thursday.

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The Orange County average price is 1.7 cents less than one week ago, 38 cents lower than one month ago and 12.4 cents below what it was one year ago.

The Orange County average price fell 74.6 cents over the previous 57 days, dropping to its lowest amount since Jan. 1.

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