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Business & Tech

Gas Prices Fall for 7th Straight Day in LCF

Where can you find the lowest priced gas in town? Patch has the answer.

The average price of a gallon of self-serve regular gasoline in Los Angeles County fell for the seventh consecutive day on Wednesday, dropping 1 cent to $4.346, one day after decreasing seven-tenths of a cent, according to City News Service.

It's lower than that, still, in La Cañada, where the best price was $4.31 per gallon at the 76 Station on Foothill Boulevard at Alta Canyada Road. You may check La Cañada Patch's Commute tab for live information on gas prices and traffic locally.

Overall, the average price in Los Angeles County is 6.1 cents less than one week ago, but 13.9 cents more than one month ago and 21.2 cents higher than one year ago

The falling pump prices follow a nearly 30 cents per gallon decrease in the wholesale price of California-blend gasoline on the New York Mercantile Exchange early last week, CNS reported.

Analysts said the completion of maintenance at refineries in Southern California and Northern California helped end record-low inventories, ushering in lower wholesale prices. 

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