Business & Tech
Gasoline Prices Fall Under $4 In Some Areas
It's your price at the pump heading into the weekend of June 15-17; 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 Orange County fell below $4 today for the first time since Feb. 17 while the Los Angeles County average price came close to doing the same.
The Orange County average price dropped a hefty 2.8 cents overnight to $3.98, according to figures from the AAA and Oil Price Information Service
The Orange County average price has decreased for 30 consecutive days and is 13.7 cents less than one week ago and 40.3 cents lower than one month ago. However, it is 6.1 cents higher than one year ago.
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The Los Angeles County average price also decreased for the 30th consecutive day today, falling 2.6 cents to $4.031, its lowest amount since Feb. 17.
The Los Angeles County average price is 13.3 cents less than one week ago and 36.7 cents lower than one month ago but 8.1 cents higher than one year ago.
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The decreasing pump prices are the result "of the rapid drop in wholesale prices" that began late last month, according to Jeffrey Spring of the Automobile Club of Southern California.
"Drivers should easily be able to find gas stations now charging less than $3.90 a gallon, and a few that are even below $3.80," Spring said.
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.
- City News Service
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