LA County reports largest gas price decline since April

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LA County reports largest gas price decline since April
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The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased Tuesday for the seventh consecutive day and eighth time in nine days, dropping 1.5 cents to $6.403, its largest daily decrease since April 13.

decreased Tuesday for the seventh consecutive day and eighth time in nine days, dropping 1.5 cents to $6.403, its largest daily decrease since April 13.has dropped 5.7 cents over the past nine days, including four-tenths of a cent Monday, 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 5.9 cents less than one week ago but 30.6 cents more than one month ago and $2.145 higher than one year ago.average price also decreased for the seventh consecutive day and eighth time in nine days, dropping 1.4 cents to $6.334. It has decreased 7.6 cents over the past nine days, including 1.2 cents on Monday. The run of dropping prices follows an 17-day streak of increases totaling 35.1 cents.

The Orange County average price is 7.4 cents less than one week ago but 25.8 cents more than one month ago and $2.12 higher than one year ago. The dropping pump prices are the result of a sharp drop to Los Angeles wholesale gasoline prices and a slight downturn in consumer demand reported by the

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