The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Tuesday for the 52nd time in 53 days, decreasing 2 cents to $5.064, its lowest amount since July 28.
The average price has dropped $1.251 over the past 53 days, including seven-tenths of a cent Monday, according to figures from the AAA and Oil Price Information Service. It is 9 cents less than one week ago, 53.1 cents lower than one month ago and 23.2 cents cheaper than one year ago.
The lowest gas prices in Pasadena, California on November 20-21, 2023, were as follows:
V Red
– Address: 1600 E Washington Blvd, Pasadena, CA
– Regular Gas Price: $4.53
Garo Gas
– Address: 960 E Washington Blvd, Pasadena, CA
– Regular Gas Price: $4.55
Ralphs
– Address: 911 E Washington Blvd, Pasadena, CA
– Regular Gas Price: $4.69
These prices were reported within the last 24 hours and are for cash payments. The prices may vary for different payment methods or fuel types.
These prices are notably lower than the average gas prices in California, which were reported to be $4.28 as the lowest and $5.03 as the average on November 21.
The average price has dropped $1.43 since rising to a record $6.494 on Oct. 5, 2022.
The average price dropped 43 consecutive days, rose one-tenth of a cent Nov. 12, then resumed decreasing the next day.
The national average price dropped for the 54th consecutive day, falling 1.3 cents to $3.295. It has dropped 54 cents over the past 54 days, including a half-cent Monday. It is 5.8 cents less than one week ago, 25.9 cents lower than one month ago and 36.7 cents cheaper than one year ago.
The national average price has dropped $1.721 since rising to a record $5.016 on June 14, 2022.
“The fall in gas prices, largely seasonal due to weakening gasoline demand, could extend for another week or two, leading to potentially the lowest gas prices since 2021 by Christmas,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
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