Average LA County gas price drops to lowest amount since November 2021

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Average LA County gas price drops to lowest amount since November 2021
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Average L.A. County gas price drops to lowest amount since November 2021

Gov. Gavin Newsom is proposing a crackdown on price gouging by oil companies, by imposing penalties on excessive profits that would be refunded to Californians.The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Sunday to its lowest amount since Nov. 12, 2021, decreasing for the 31st consecutive day and 64th time in 67 days since rising to a record.

The average price is 21.7 cents less than one week ago, 88.3 cents lower than one month ago and 3.8 cents below what it was one year ago. The Orange County average price dropped 1.9 cents to $4.521. It has fallen $1.836 since rising to a record $6.357 on Oct. 5, including 2.2 cents Saturday. It is 21.3 cents less than one week ago, 91.5 cents lower than one month ago and 13.7 cents below what it was one year ago.

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