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That's a drop of around 40 cents a gallon since peaking out on May 2 - not exactly enough for a down payment on a condo, but enough to be noticed. Average gallon of regular in the L.A. area is now $3.883, according to the government survey.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal 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 Mobility stories:
Animation: How people move around Los Angeles The real meaning of the taxi fight
BART strike to end Tuesday in the Bay Area
Next for CicLAvia: Beach and Wilshire again then the Valley
First flyover ramp opens at Wilshire and the 405
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.