The Antelope Valley Times

Your community. Your issues. Your news.

  • Home
  • Latest News
  • Local
    • Palmdale
    • Lancaster
    • Los Angeles County
    • Littlerock
    • Lake Los Angeles
    • Rosamond
    • Edwards AFB
    • Acton
  • Crime
  • Politics
  • Education
  • Health
  • Business
  • Opinion
    • Advertise
    • About
    • Contact Us
    • Facebook
    • Twitter
    Show Search

LACo gas prices keep falling; national average also down

by The AV Times Staff • July 14, 2022

The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Thursday, July 14, for the 30th consecutive day and 31st time in the past 32 days, falling 3.6 cents to $6.06, its lowest amount since May 16.

The average price has dropped 40 cents over the past 32 days, including 2.7 cents Wednesday, according to figures from the AAA and the Oil Price Information Service. The run of dropping prices follows an 18-day streak of increases totaling 36.9 cents.

The average price is 17.6 cents less than one week ago and 40.2 cents lower than one month ago, but $1.721 more than one year ago.

“Usually, more people buying gas would lead to higher pump prices,” said Andrew Gross, an AAA national public relations manager. “But the price for oil, the main ingredient in gasoline, has fallen and is hovering around $100 a barrel. Less expensive oil usually means less expensive gas.”

The national average price dropped for the 30th consecutive day following an 18-day streak of increases, decreasing 2.6 cents to $4.605. It has dropped 41.1 cents over the past 30 days, after rising 41.5 cents during the 18- day streak of increases.

The national average price is 14.7 cents less than one week ago and 41.1 cents lower than one month ago, but $1.458 more than one year ago.

–

Filed Under: Business

Recent Comments

  • Efrem Zimbalist Jr. on Palmdale authorities apprehend graffiti vandals, including armed suspect: “Michelle, have you spoken to the FBI about Rex?” Aug 27, 11:23
  • Frances on Judge orders arbitration of Allied Security guard’s sexual harassment lawsuit: “Does anyone know any more about this case? This is about someone I know and I believe full heartedly that…” Aug 26, 19:42
  • Lily on Palmdale authorities apprehend graffiti vandals, including armed suspect: “@Michelle Egberts… Hi Michelle, remember Jim? Madalyn and Jim were friends of mine.” Aug 23, 06:47
  • Michelle Egberts on Palmdale authorities apprehend graffiti vandals, including armed suspect: “@ Tim Scott… I couldn’t have said it more eloquently Tim!!! We have to get together and catch up over…” Aug 21, 00:58
  • Mars on Palmdale authorities apprehend graffiti vandals, including armed suspect: “Give Them Cleaning Supplies Clean Up The Graffiti For 3 months Also Have Them Do Community Service As Well Then…” Aug 15, 02:54

Copyright © 2024 · The AV Times LLC. All rights reserved. Terms of Use

Dear Readers,

After more than a decade of serving the Antelope Valley, we have made the difficult decision to close The Antelope Valley Times. The site will no longer be updated, but all past articles will remain accessible. Thank you for your loyalty and support over the years.

—The AV Times Staff