Southern California gasoline prices are declining nearly as fast as they climbed to record $4.70 a gallon in October. The average price for a gallon of self-serve regular dropped to $3.94 in LA County Friday (November 9).
Gasoline prices continue their downward slide Friday in Southern California. Gas price tracking groups report the average price for a gallon of self-serve regular in Los Angeles County is $3.94 – the lowest amount since early August.
Prices have decreased for 31 consecutive days. The average price for a gallon of self-serve regular in Orange County is $3.87, in Riverside and San Bernardino counties is $3.88.
The Automobile Club of Southern California said the average price has dropped about 76 cents since gasoline reached a record high of $4.70 a gallon on October 9.
Jeffrey Spring with the Auto Club said the fast price decline comes after one of the quickest increases in the price of gasoline in Southern California.
Spring said he expects gasoline prices to continue dropping.