LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose three-tenths of a cent today to $3.802, the eighth consecutive increase.
The average price has risen 13 cents over the past eight days, including four-tenths of a cent on both Sunday and Monday, according to figures from the AAA and Oil Price Information Service. It is 10.9 cents more than one week ago, 23 cents higher than one month ago and 9.7 cents greater than one year ago. It has risen 41.1 cents since the start of the year.
The price spike was the result of rising oil costs caused by the attacks on Saudi Arabian oil facilities and a decrease in the gasoline supply, according to Jeanette Casselano, the AAA's director of public relations.
The Orange County average price was unchanged, remaining at $3.754, one day after rising two-tenths of a cent. It is 10.2 cents more than one week ago, 20.8 cents higher than one month ago and 9.4 cents greater than one year ago. It has risen 40.5 cents since the start of the year.
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