Gas At Highest Price Since Aug 2015


Oil prices have jumped to a 3-year high amid worries about an escalating conflict between the United States and Russia in Syria. The benchmark for international oil prices rose to its highest level following a warning from President Donald Trump about a missile attack on Syria, whose has been backed by Moscow during the seven-year civil war. 

The average price for a gallon of gas in Los Angeles County rose by one-tenth of a percent today to $3.579 following three days of no changes. 

The average price is currently at its highest since August 29th, 2015 with the average price rising by a half-cent over the last week, and 13.2 cents higher than one month ago, and 54.5 cents greater than it was this time last year. 

The average price for a gallon of gas has risen by 42.9 cents since the beginning of the year. 

Orange County hasn't escape the higher prices either. O.C. residents saw the average price for a gallon of gasoline go up by nine-tenths of a cent, to $3.547, one day after going unchanged. The price of gas is currently at its highest since August 27th, 2015, 1.6 cents greater than one week ago, 13.2 cents higher than one month ago, and 53.1 cents greater than it was one year ago. 

California's high gas prices has some experts wondering why Golden State residents are paying so much more than people in other states. Even after taking into account California's higher than average state gas taxes, special blend requirements aimed at reducing pollution, and climate fees, UC Berkeley Professor Severin Borenstein says Californians are paying for a "mystery gasoline surcharge." 

The price of gas in Orange County has gone up by 43.1 cents since the beginning of the year.


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