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Jul 19, 2008 1:16 pm US/Pacific

AAA Survey: L.A. Gas Prices Continue To Drop

LOS ANGELES Gasoline prices continue to settle down, dropping more than a penny in Los Angeles County in one day and 14.5 cents since it hit record levels a month ago, the latest survey shows.

The latest survey from the Automobile Club of Southern California shows that an average gas station in the Los Angeles-Long Beach market sold for $4.479 Friday.

In Orange County, the average price was $4.435, down 1.7 cents in one day and down 16.3 cents from its highest point.

Inland Empire stations averaged $4.450, and the average was $4.438 in San Diego County.

(© 2008 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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