The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped to its lowest amount since Jan. 18 today, falling six-tenths of a cent to $3.74.
The average price has decreased 40 of the past 41 days and is 5.2 cents less than one week ago, 21.5 cents lower than one month ago and 49.7 cents below one year ago, according to figures from the AAA and Oil Price Information Service.
The Orange County average price dropped to its lowest amount since Jan. 17, falling eight-tenths of a cent to $3.707. The Orange County average price has decreased for 41 consecutive days and is 4.9 cents less than one week ago, 21.6 cents lower than one month ago and 48.9 cents below one year ago.
The Orange County average price has fallen 33.3 cents over the past 41 days, including nine-tenths of a cent on Sunday. The dropping prices were immediately preceded by a 14-day streak of rising prices totaling 20.3 cents.
The 40-day streak of declines is the longest since a 75-day streak from Oct. 9 to Dec. 22, 2012.