Business & Tech
Gasoline Price Drops for 25th Consecutive Day
However, the average price is 15.3 cents higher than one year ago.
The average price of a gallon of self-serve regular gasoline in Los Angeles County Sunday decreased for the 25 consecutive day, dropping 1.4 cents to $4.128, one day after falling 2.2 cents.
The average price has dropped 28.3 cents over the past 25 days, and is 11.2 cents less than one week ago and 10.5 cents lower than one month ago, according to figures from the AAA and Oil Price Information Service.
However, the average price is 15.3 cents higher than one year ago.
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Click the Commute tab at the top of this page for the latest gasoline prices in the Northridge, Chatsworth and Porter Ranch area.
The Orange County average price also decreased Sunday for the 25th consecutive day, falling 1.6 cents to $4.082, 11.1 cents less than one week ago and 13.1 cents lower than one month ago but 13.8 cents higher than one year ago.
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The Orange County average price has decreased 30.7 cents over the past 25 days, including 1.9 cents on Saturday.
The decreasing pump prices are the result of a "substantial drop" in wholesale gasoline prices, according to Jeffrey Spring of the Automobile Club of Southern California.
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