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Business & Tech

Gas Prices: 63-Day Drop Continues

The average price has fallen $1.019 over the past 63 days, including seven-tenths of a cent on Monday.

The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Tuesday to its lowest amount since Jan. 4, decreasing nine-tenths of a cent to $3.686.

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The average price has dropped on 62 of the past 63 days and is 6.9 cents less than one week ago and 22.7 cents lower than one month ago but 8.3 cents more than one year ago, according to figures from the AAA and Oil Price Information Service.

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The average price has fallen $1.019 over the past 63 days, including seven-tenths of a cent on Monday. It decreased for 48 consecutive days after reaching a record high of $4.705 on Oct. 9, was unchanged Nov. 27 and resumed dropping the next day.

The Orange County average price decreased today for the 64th consecutive day, falling six-tenths of a cent to $3.655, its lowest amount since July 13.

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The Orange County average price has decreased $1.035 over the past 64 days, including eight-tenths of a cent on both Sunday and Monday, after rising 51.3 cents over the previous six days to a record high of $4.69 on Oct. 8.

The Orange County average price is 6.2 cents less than one week ago and 20.4 cents lower than one month ago, but 8.8 cents more than one year ago.

The streak of dropping prices is the longest since a 90-day streak from Sept. 16-Dec. 14, 2008.

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