Average LA County gas price drops below $6 a gallon for the first time since March 21

City News Service
Saturday, April 2, 2022
LA County sees sharpest drop in average gas price since April 2020
The average price of a gallon of self-serve regular gasoline in Los Angeles County recorded its largest decrease since April 2, 2020, dropping below $6 for the first time since March 21.

The average price of a gallon of self-serve regular gasoline in Los Angeles County recorded its largest decrease since April 2, 2020, dropping below $6 for the first time since March 21.

The average price dropped 2 cents to $5.999 after back-to-back decreases of 1.9 cents, according to figures from the AAA and Oil Price Information Service. It has dropped 7.1 cents over the past seven days following a 32-day streak of increases totaling $1.283. It is 7.1 cents less than one week ago but $1.071 higher than one month ago and $2.045 more than one year ago.

The Orange County average price recorded its largest decrease since at least September 2019, dropping 2.9 cents to $5.947. It has dropped 8 cents over the past seven days, including 1.8 cents on both Thursday and Friday, following a 35-day streak of increases totaling $1.277.

Despite the recent decreases, the Orange County average price is $1.043 higher than one month ago and $2.013 more than one year ago.

"With the (Strategic Petroleum Reserve) release keeping oil (prices) down, we'll see most/all areas decline over the weekend and into next week,'' according to Patrick De Haan, head of petroleum analysis for GasBuddy, which provides real-time gas price information from more than 150,000 stations.

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