Gas Prices Fall Just Before $4 Mark

Just as gas prices seemed headed toward the $4 mark, Los Angeles County saw a slight drop in the average price of a gallon of self-serve regular gasoline.

Prices fell Monday for the eighth consecutive day to three-tenths of a cent at $3.948.

According to the Automobile Club of Southern California, the average price is 1.8 cents less than a week ago, but 23.8 cents more than a month ago. The average price is still 97.4 cents higher than prices at this time a year ago.

For Orange County, the average price fell for the seventh consecutive day, falling one-tenth of a cent to $3.92. That is 2.1 cents less than prices a week ago, but still 22.7 cents more than a month ago.

“A year ago at this time, local drivers were paying nearly a dollar less a gallon, or about $15 less per tank,” said Auto Club spokesperson Jeffrey Spring in a press statement. “Even though we never reached the record $4.50-plus prices of 2008, drivers have paid the same amount on average so far this year as they did between Jan. 1 and Sept. 15 of 2008. This year’s average price for the Los Angeles area so far is $3.84.”

The stations currently selling the cheapest gas in the area are listed below. Local prices are according to GasBuddy.com and reflect prices reported within the last 24 hours.

1301 S Lone Hill Ave
Regular: $3.79
Premium: $3.97

465 W Foothill Blvd
Regular: $3.83
Premium: $4.07

857 E Arrow Hwy
Regular: $3.83
Premium: $4.03

934 S Grand Ave
Regular: $3.85
Premium:  $4.07

954 S Grand Ave
Regular: $3.95
Premium: $4.15