LA Gas Price Drops to Lowest Level Since March 4 as Holiday Traffic Begins

The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped to its lowest amount since March 4 Wednesday, decreasing 4.1 cents to $5.213.

The average price has dropped 46 times in 49 days since rising to a record $6.494 on Oct. 5, decreasing $1.281, including 4.2 cents Tuesday, according to figures from the AAA and the Oil Price Information Service. It is 25 cents less than one week ago and 60.1 cents lower than one month ago, but 50.9 cents more than one year ago.

The Orange County average price dropped 4.5 cents to $5.10, its lowest amount since March 3. It has dropped 43 times in 49 days since rising to a record $6.357 on Oct. 5, decreasing $1.257, including 4.5 cents Tuesday. The Orange County average price is 25.7 cents less than one week ago and 58.2 cents lower than one month ago, but 42.6 cents more than one year ago.

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