Business & Tech
Gas Prices Inch Down But Remain Volatile
A reduction in wholesale gas prices has reduced the cost of a gallon of gas, but Spring tends to be a volatile time for the industry.
The average price of a gallon of self-serve regular gasoline in Orange County declined for the sixth consecutive day, dropping seven-tenths of a cent to $4.345, 2.5 cents less than a week ago, but 6 cents more than one month ago and 35 cents higher than one year ago.
"We are seeing some impact at the pump from a reduction in wholesale gasoline prices,'' said Jeffrey Spring of the Automobile Club of Southern California.
"This is the third week with relatively small price changes, so it may be a signal that prices have peaked early this year. However, spring typically is a volatile time for gas prices and any incident relating to supply could make prices change direction.''
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The Cheapest gas prices in Seal Beach, Rossmoor and Los Alamitos are at
WHERE ARE THE LOWEST GAS PRICES IN LOS Alamitos, Rossmoor and Seal Beach?
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Residents can visit the Patch Traffic and Gas page by clicking here, to find the lowest prices at the pump in our neighborhood.
- City News Service Contributed to this report.
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