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Gas Relief: Southland Gasoline Prices Continue Dropping

It's your price at the pump heading into the weekend of Oct. 12-14; use our handy Patch tool to find your lowest gas prices in the neighborhood.

The average price of a gallon of self-serve regular gasoline in Los Angeles County fell 1.1 cents Friday to $4.685, the largest drop in three consecutive days of declines.

The average price dropped four-tenths of a cent on Wednesday and a half- cent Thursday and is 14.6 cents more than one week ago, 50.9 cents higher than one month ago and 85.8 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.

Prior to the latest declines, the average price rose 50.4 cents over a seven-day streak of increases and hit a record high.

The Orange County average price fell today for the fourth consecutive day following a six-day streak of increases totaling 51.3 cents that pushed it to a record high.

The Orange County average price dropped 1.4 cents today to $4.655, 13 cents more than one week ago, 50.2 cents higher than one month ago and 85.3 cents greater than one year ago.

The Orange County average price decreased 1.1 cents on Thursday, nine- tenths of a cent on Wednesday and one-tenth of a cent on Tuesday.

"The most frustrating aspect of this spike is that prices are still hovering near their new records even after Gov. Jerry Brown's announcement on Sunday allowing gas stations to sell winter blend gasoline before Oct. 31," said Jeffrey Spring of the Automobile Club of Southern California.

"We hope to see significant price drops in coming days, but they will only come after gas stations are able to sell off the expensive fuel they bought last week."

WHERE ARE THE LOWEST GAS PRICES IN CERRITOS AND ARTESIA?

Cerritos and Artesia residents can visit the Patch Traffic and Gas page by clicking here, to find the lowest prices at the pump in our neighborhood.

mitch October 14, 2012 at 07:25 PM
It's rediculous how slow prices fall and when they shot up it was like 20 cents or more at one time! Oil companies or the gas stations are really taking advantage of SoCal consummers and somebody really needs to charge them or fine them with convictions of price gouging! They are in control of what they can do and I thought this country was a country of democracy! They aren't any better than the middle east in controling oil prices. What a shame!

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