Average gas prices drop in Los Angeles, Orange counties for 11th consecutive day

Sunday, October 16, 2022
LOS ANGELES (CNS) -- The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Sunday for the 11th consecutive day since rising to a record, decreasing 2.8 cents to $6.127.

The average price has dropped 36.7 cents over the past 11 days, including 5.2 cents Saturday, according to figures from the AAA and Oil Price Information Service.
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The average price is 28.3 cents less than one week ago, but 70.3 cents more than one month ago and $1.647 higher than one year ago -- mainly due to a 33-day streak of increases totaling $1.248 that ended Oct. 6.

The Orange County average price also dropped for 11th consecutive day since rising to a record, decreasing 2.8 cents to $6.006.

The Orange County average price has dropped 39.1 cents over the past 11 days, including 5.9 cents Saturday, following a run of 15 increases in 16 days totaling $1.063 that ended Oct. 6. It is 32.2 cents less than one week ago, but 62.2 cents more than one month ago and $1.554 higher than one year ago.
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The national average price dropped for the fifth consecutive day following a run of 20 increases in 21 days totaling 24.9 cents, decreasing four- tenths of a cent to $3.888. It has dropped 3.5 cents over the past five days, including 1.1 cents Saturday.
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The national average price is 2.2 cents less than one week ago, but 19.6 cents more than one month ago and 57.4 higher than one year ago. It is $1.128 less than the record $5.016 set June 14.

The run of increases followed a 98-day streak of decreases totaling $1.342 that began the day after the record was set.

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