LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose a half-cent today to $3.937 after increasing by four-tenths of a cent in each of the previous two days.
The average price is at its highest amount since Nov. 21, 2019. It is 1.5 cents more than one week ago, 21.4 cents higher than one month ago and 74.9 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.
The average price has risen 70.5 cents since the start of the year, mainly because of a run of 59 increases in 60 days totaling 57.9 cents that ended Sunday with a decrease of one-tenth of a cent.
The Orange County average price rose 1.1 cents to $3.92, its highest amount since Nov. 19, 2019. It is 2.5 cents more than one week ago, 20.8 cents higher than one month ago and 75.9 cents greater than one year ago.
The Orange County average price has risen 71.2 cents since the start of the year, mainly because of a run of 72 increases in 73 days totaling 68.1 cents that ended Saturday with a decrease of two-tenths of a cent.
“Los Angeles wholesale gasoline prices have dropped by more than 20 cents in the past two weeks as supply issues have eased and the California Energy Commission and OPIS reported that refiners are producing the highest levels of California gasoline since September of last year,'' said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
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