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Gas prices fall, just in time for the Fourth of July

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Gas prices on Independence Day haven’t been this low in Los Angeles since 2005.

The Automobile Club of Southern California’s Weekend Gas Watch said the average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.977 per gallon, which is $1.62 less than last year -- and just in time for the holiday weekend.

Auto club spokesman Jeffrey Spring said gas prices were dropping very slowly. But it hasn’t been this low on the Fourth of July since 2005, when it averaged about $2.50 a gallon.

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‘For the projected 2.3 million Southland car travelers that will take holiday trips this weekend, the gas price decrease -- along with numerous travel deals -- will give vacationers a lot more for their money this year,” Spring said in a statement.

-- W.J. Hennigan

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