The average price of a gallon of self-serve regular gasoline in Los Angeles County was at its lowest amount for a Memorial Day since 2021 Monday, $4.803.
Monday’s increase of four-tenths of a cent came one day after a six- day streak of decreases totaling 2.7 cents ended with an increase of one-tenth of a cent, according to figures from the AAA and the Oil Price Information Service.
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The average price is 2.1 cents less than one week ago, 1.1 cents more than one month ago and 27.8 cents less than one year ago. It has dropped $1.69 since rising to a record $6.493 on Oct. 5, 2022.
The 2024 Memorial Day average of $5.082 was the second highest average on Memorial Day behind 2022’s $6.162, three months after Russia’s invasion of Ukraine, which impacted the global supply of oil. The 2021 average was $4.227…