Today May Be a Good Day to Fill Up Your Tank

The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased Sunday for the 12th consecutive day, falling 3.3 cents to $4.486.

The average price has dropped 21.9 cents over the past 12 days, including 3.7 cents on Saturday, after rising 50.4 cents over the previous seven days to a record high of $4.705, according to figures from the AAA and Oil Price Information Service.

The average price is 17 cents less than one week ago, but 33.2 cents more than one month ago and 59.3 cents higher than one year ago.

The Orange County average price decreased Sunday for the 13th consecutive day, falling 3 cents to $4.456. It has fallen 23.4 cents over the past 13 days, including 3.8 cents on Saturday, after rising 51.3 cents over the previous six days to a record high of $4.69.

The Orange County average price is 16.8 cents less than one week ago, but 33.2 cents more than one month ago and 58.7 cents higher than one year ago.

The sharply dropping pump prices are the result of significant decreases to the price of wholesale gasoline, according to Jeffrey Spring of the Automobile Club of Southern California said.

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