Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.

News

Gas Prices Dip for 58th Consecutive Day

Before you read more...
Dear reader, we're asking you to help us keep local news available for all. Your financial support keeps our stories free to read, instead of hidden behind paywalls. We believe when reliable local reporting is widely available, the entire community benefits. Thank you for investing in your neighborhood.
5b2c5c4b4488b30009281175-original.jpg

The Green-Hyped Helios Gas Station at Robertson & Olympic (more photos here) | Photo by manmadepants via LAist Feautured Photos on Flickr

The average price of a regular gallon of gas today is $2.491. Gas prices have declined for 59 days straight, falling an average of $1.25, according to the Daily News.

Theories about gas the decrease and increase before and after Presidential Elections are definitely not true this year, but are those theories true? "No matter what happened in prior years, this year is different--there are some unique circumstances this year," Marie Montgomery of the Auto Club of Southern California told LAist, referring to this year's massive gas price hike over the summer. She shared gas price numbers around the 2000 and 2004 Presidential Elections and the cost of fuel nationally did not move up or down much at all.

Support for LAist comes from

"If all things are equal in Winter months, gas prices should come down because of the pattern of usage is at its lowest point [in January and February]," Montegomery pointed out. "The high point of usage is in the Spring and Summer."