Los Angeles County Gas Price Remains Stable

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose one-tenth of a cent today to $3.248, one day after being unchanged.

The average price is two-tenths of a cent less than one week ago but 14.3 cents more than one month ago and 39.8 cents higher than one year ago, according to figures from the AAA and Oil Price Information Service.

The average price has been unchanged four times, dropped by one-tenth of a cent twice and risen by one-tenth of a cent once in the past seven days.

The Orange County average price rose three-tenths of a cent today to $3.212, one day after increasing one-tenth of a cent. It is one-tenth of a cent less than one week ago but 16.5 cents more than one month ago and 37 cents higher than this time last year.

``Oil prices continue to trade near two-year highs, which affects fuel production costs, but inventories at the moment are reportedly good as refineries prepare to shut down units for scheduled maintenance, which will start reducing production sometime in the next month or so,'' said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.

Photo: Getty Images

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