Gas prices continue to drop after early Nov. increase

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Gas prices in Los Angeles County have continued to drop for the third day in a row, with the average price of a gallon of self-serve regular gasoline in Los Angeles County at $3.285 Thursday.

That price is 2.2 cents less than one week ago, but has yet to overcome the significant price increase that came with new gasoline taxes on Nov. 1. One month ago, gas was 22.5 cents cheaper on average, and a year ago, it was about 46.4 cents cheaper, according to figures from the AAA and Oil Price Information Service.

The new tax, along with a host of new vehicle fees, is set to raise $5.24 billion annually for transportation projects.

“Safe and smooth roads make California a better place to live and strengthen our economy,” Governor Jerry Brown said in a news release earlier this year. “This legislation will put thousands of people to work.”

The Orange County average price dropped for the seventh time in eight days Thursday, decreasing 1.1 cents to $3.241. The average price is 3.3 cents less than one week ago but 21.8 cents more than one month ago and 43.1 cents higher than one year ago.

City News Service contributed to this report

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