Gas Prices in Los Angeles and Orange Counties Drop

News Summary

Gas prices in Los Angeles and Orange Counties have significantly decreased, reaching their lowest levels since February. The average gas price in Los Angeles County is now around $4.557 per gallon, down from over $6.49 last year. Orange County follows suit with an average of $4.499 per gallon. This decline is attributed to reduced oil prices and market stability. Despite California’s rising fuel taxes, gas prices are trending downward, providing relief to consumers while concerns about future costs remain.

Gas Prices in Los Angeles and Orange Counties Take a Dive!

Hey there, Los Angeles and Orange County! If you’ve been feeling the pinch at the pump, there’s some good news for you. Gas prices have dropped to their lowest levels since February, and it looks like they might be sticking around for a while.

Los Angeles County Gas Prices on the Decline

The average price of a gallon of self-serve regular gasoline in Los Angeles County is now hovering around $4.557. This marks a slight reduction of three-tenths of a cent, making it the best price we’ve seen since February 4. But wait, there’s more! This is also 3.1 cents lower than just last week, 14.6 cents lower than a month ago, and an impressive 22.6 cents lower than this time last year.

To give you some context, let’s take a little trip down memory lane. This time last year, prices were hitting a staggering average of over $6.49 per gallon! In fact, since reaching this record high of $6.493 on October 5, 2022, prices have plummeted a whopping $1.936. Talk about a welcome change!

Orange County Prices Following Suit

$4.499. This is down by two-tenths of a cent and is also the lowest we’ve seen since February 3. If you’re an Orange County resident, this news is particularly sweet since it’s 1 cent lower than last week, 11.9 cents lower than a month ago, and 20 cents lower than last year.

In a similar turn of events, gas prices in Orange County have also seen a significant decrease since their peak price of $6.458 in October. That’s a staggering reduction of $1.959. So, whether you’re in LA or Orange County, it’s starting to feel a lot more palatable at the pump!

What’s Behind the Drop?

If you’re wondering why gas prices are on the decline despite rising taxes in California, you’re not alone! Currently, oil prices are sitting around $65 per barrel. This decrease follows a ceasefire in the Middle East that has led to more stability in the oil market, making it easier for local prices to fall.

Even with California’s fuel excise tax climbing by 1.6 cents per gallon and new air quality requirements kicking in, pump prices are still coming down, which is rare and frankly, quite refreshing!

National Trends Echoing Local Changes

11th consecutive day, dropping three-tenths of a cent to $3.145. This figure is 4.2 cents less than a week ago, and on a yearly comparison, it’s 36.4 cents less.

A Closer Look at Future Costs

61.2 cents per gallon starting July 1, alongside potential additional costs from new emissions standards which could add between 5 to 8 cents per gallon. Interestingly, there’s already chatter speculating that in just a few years, gas prices in California could soar past $8 per gallon due to refinery issues.

Deeper Dive: News & Info About This Topic

HERE Resources

Gas Prices Drop in Los Angeles and Orange Counties This Independence Day
Huntington Beach Celebrates 121st Annual Fourth of July Parade and Festival
Gas Prices Drop in Los Angeles Ahead of Independence Day
Gas Prices on the Rise in California: What You Need to Know
Gas Prices in California: Current Trends and Future Predictions
Los Angeles Gas Prices: A Dive and a Rise Worth Watching
Rising Tensions in the Middle East Impact Oil Prices
Oil Prices Soar Following Tensions in the Middle East
High Surf and Thunderstorm Warnings Hit San Diego and Orange Counties
OPEC+ Increases Oil Production by 411,000 Barrels Daily

Additional Resources

• Forbes: Gas Prices by State
• NBC Los Angeles: Gas Prices Rise on July 1
• ABC7: California Gas Prices Could Top $8/Gallon in 2026
• Wikipedia: Gasoline
• Encyclopedia Britannica: Gasoline

Author: STAFF HERE HUNTINGTON BEACH

The Huntington Beach Staff Writer represents the experienced team at HEREHuntingtonBeach.com, your go-to source for actionable local news and information in Huntington Beach, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Huntington Beach Surf City USA Marathon, the U.S. Open of Surfing, Fourth of July celebrations at the Huntington Beach Pier, and community festivals at Huntington Beach Central Park. Our coverage extends to key organizations like the Huntington Beach Chamber of Commerce and Visit Huntington Beach, plus leading businesses in retail, hospitality, and outdoor recreation that drive the local economy. As part of the broader HERE network, including HEREAnaheim.com, HERECostaMesa.com, HERESantaAna.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.