This is the third straight week of declines, according to the government's new survey, although the drop amounts to less than a nickel a gallon in the L.A. area. The average price of self-serve regular is now $4.566 a gallon. Oil, meanwhile, fell almost $4 a barrel today, to $141.37, helped along by a stronger dollar and evidence of slower demand in Europe. When the dollar strengthens, investors around the world become less willing to buy oil. Don't discount profit taking either.
More by Mark Lacter:American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
New at LA Observed
On the Politics Page
Go to Politics
Sign up for daily email from LA Observed