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Average LA County Gas Prices Drop

Published on Tuesday, June 18, 2024 | 4:36 pm
 

The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped eight-tenths of a cent to $4.806.

The average price has dropped 51 cents over the past 43 days, but was unchanged Monday, according to figures from the AAA and Oil Price Information Service. It is 6.6 cents less than one week ago, 37.7 cents less than one month ago, 12.6 cents less than one year ago, and has dropped $1.688 since rising to a record $6.494 on Oct. 5, 2022.

The national average price dropped seven-tenths of a cent to $3.44, a day after it was unchanged.

It is one-tenths of a cent less than one week ago, 15.3 cents less than one month ago, 13.6 cents less than one year ago, and has dropped $1.576 since rising to a record $5.016 on June 14, 2022.

“Since the national average price of gasoline fell to its lowest June level since 2021 last week, we’ve seen the drop in prices take a break, with some states seeing a small rise over the last week,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.

“Thankfully, I expect this to be more like a short timeout, with an eventual return to falling gasoline prices in most states.”

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