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."
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