The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased Tuesday, Aug. 2, for the 49th consecutive day since rising to a record, dropping 1.5 cents to $5.625, its lowest amount since March 8.
The average price has dropped 83.7 cents since rising to a record $6.462 on June 14, including nine-tenths of a cent Monday, following an 18-day streak of increases totaling 36.9 cents, according to figures from the AAA and the Oil Price Information Service. It is 12.8 cents less than one week ago and 67.2 cents lower than one month ago, but $1.246 more than one year ago.
The national average price dropped for the 49th consecutive day following an 18-day streak of increases, decreasing 2.3 cents to $4.189. It has dropped 82.7 cents since rising to a record $5.016 on June 14, including eight- tenths of a cent Monday, after rising 41.5 cents during the 18-day streak of increases.
The national average price is 13.8 cents less than one week ago and 63.3 cents lower than one month ago, but $1.013 more than one year ago.
“We know that most American drivers have made significant changes in their driving habits to cope with high gas prices,” said Andrew Gross, an AAA national public relations manager. “But with gas below $4 a gallon at nearly half of the gas stations around the country, it’s possible that gas demand could rise.”
A survey of 1,002 adults conducted June 23-27 found that 64% of those surveyed changed their driving habits or lifestyle in order to offset increases in gas prices since they started to spike this spring. The top two changes were driving less and combining errands.