The average price of a gallon of regular gasoline in Southern California dropped under $5 Dec. 1 for the first time since early March, offering some respite for drivers during the holiday season.
The Los Angeles County average price has decreased for 21 consecutive days—falling to $4.972—since rising to a record of $6.494 on Oct. 5, according to figures from the AAA and the Oil Price Information Service.
The average price is 62.8 cents lower than a month ago, but 26.6 cents higher than one year ago.
Gas stations serve customers at peak prices in Irvine, Calif., on Feb. 23, 2022. (John Fredricks/The Epoch Times)
The Orange County average price dropped for the 20th consecutive day to $4.853—its lowest amount since Feb. 26. It had decreased 54 times since rising to a record of $6.357 on Oct. 5….