Gas Prices Fall Below $3 In Laguna Beach

LAGUNA BEACH, CA —Falling oil prices have mirrored in falling gasoline prices across the southland, officials say. Self-service gasoline has dropped to below $3 a gallon at many stations across Orange County, according to a report from the Automobile Association.

Gas dropped to a price of $2.95 per gallon of regular, unleaded, a rate not seen since July of 2017, an AAA spokesperson said.

As people across the southland heed stay-at-home orders prompted by the coronavirus outbreak, and the oil price war between Saudi Arabia and Russia, gas prices continue to fall.according to Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.

In Orange County, the average unleaded gasoline prices dropped to its lowest amount since July 29, 2017, decreasing three-tenths of a cent to $2.923.

The cost of gasoline in Orange County has dropped 48 consecutive days, decreasing 59.6 cents, including six-tenths of a cent on Sunday. The streak is the longest since a 53-day run from Nov. 5-Dec. 27, 2019.

The Orange County average price is 8.8 cents less than one week ago, 48.4 cents lower than one month ago and $1.099 below what it was one year ago. It has dropped 62.2 cents since the start of the year.

The average price in Los Angeles County also dropped for 43 consecutive days, decreasing 60.7 cents, including four-tenths of a cent on Sunday, according to figures from the AAA and Oil Price Information Service. The streak is the longest since a 53-day run from Nov. 6-Dec. 28, 2019.

The average price is 8.1 cents less than a week ago, 50.2 cents lower than a month ago, and $1.102 below what it was one year ago. It has dropped 66.5 cents since the start of the year.

What was the least amount you've seen in your town? Let us know on your neighbor page or in comments!