LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose two-tenths of a cent today to $4.088, its highest amount since July 31, 2015, one day after being unchanged.
The average price is 1.2 cents more than one week ago, 51.4 cents higher than one month ago and 43.5 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.
The Orange County average price was unchanged, remaining at $4.063, one day after rising one-tenth of a cent to its highest amount since July 31, 2015. It is 1.6 cents more than one week ago, 53.3 cents higher than one month ago and 44.8 cents greater than one year ago.
The higher prices are the result of a series of refinery issues that have reduced supply, according to Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
“Prices seem to be tempering this past week as some of the refineries that reported problems earlier this month appear to be normalizing production and imported gasoline has started to arrive,” Spring said. “Still, other refineries such as the PBF refinery in Torrance reported flaring this week, so productions woes in the region are not over.”
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