The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Sunday for the fourth consecutive day after rising to a record, decreasing 2 cents to $6.41.
The average price has dropped 8.4 cents over the past four days, including 2.8 cents Saturday, according to figures from the AAA and Oil Price Information Service.
The Orange County average price also dropped for the fourth consecutive day after rising to a record, decreasing 3 cents to $6.328. It has dropped 13.1 cents over the past four days, including 4.1 cents Saturday, its largest decrease since July 14, following a run of 15 increases in 16 days totaling $1.063.
The dropping prices are the result of refineries that were undergoing maintenance "coming back online, winter-blend fuel, which is cheaper to produce" entering "the market sooner than Nov. 1 and multiple cargoes carrying gasoline products are on their way to California in the coming weeks," Doug Shupe, the Automobile Club of Southern California's corporate communications manager, told City News Service.
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