Southern California Gas Prices Dropping, But Still Higher Than Last Year

Consumers continue to cut back.

By Sharon Bernstein

| Monday, Jun 11, 2012 | Updated 4:01 PM PDT

Gas Prices: Higher Than Last Year Despite Drop

ASSOCIATED PRESS

A sign for $2.99 a gallon gasoline is seen as vehicles wait for a traffic light to turn green at a Hot Spot convenience store on the corner of Henry and Converse Streets on Friday, June 1, 2012 in Spartanburg, S.C. Oil prices plunged as bleak reports on U.S. job growth and manufacturing heightened worries about a slowing global economy. (AP Photo/Rainier Ehrhardt)

The price of a gallon of gas dropped Monday for the 26^th consecutive day, according to the Automobile Club of Southern California.

More: Why people drive dirty cars when gas prices are high.

The average price of a gallon of regular was $4.117 in California, down a penny from Sunday’s price of $4.127, and 10.4 cents over the same day last week.

That’s still considerably higher than the $3.950 charged for a gallon of regular a year earlier, the Auto Club said.

In Los Angeles County, a gallon of regular was close to the statewide average, at $4.118 on Monday.

That’s down from Sunday’s price of $4.128, and last week’s price of $4.230.

Prices are still near historic highs, however, and consumers continue to cut back.