Southland Gas Prices Spike Sharply


U.S. Gas Prices Expected To Rise To Highest Levels Since 2014

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County spiked sharply again today, increasing 4.2 cents to $3.631 -- one day after rising 1.6 cents.

The average price had decreased 26 out of 27 days through last Tuesday, according to figures from the AAA and Oil Price Information Service. It then rose two-tenths of a cent Wednesday and three-tenths of a cent Thursday. The average price is now 5.9 cents more than one week ago, but 6.9 cents less than one month ago and 2.3 cents lower than one year ago.

The Orange County average price spiked 4.1 cents to $3.609, one day after rising 1.9 cents. It had dropped 26 times in 28 days through Monday, but then rose four-tenths of a cent on Tuesday and was unchanged both Wednesday and Thursday.

The Orange County average price is 6.3 cents more than one week ago, 6.1 cents less than one month ago, and 1 cent more than one year ago.

Despite the spikes, AAA analysts said national gas prices for Monday's Labor Day holiday will be the cheapest in three years.

Photo: Getty Images


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