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 $3.573 after increasing one-tenth of a cent each of the previous two days.
The average price is four-tenths of a cent more than one week ago and 22.3 cents higher than one year ago but 2 cents less than one month ago, according to figures from the AAA and Oil Price Information Service. It has dropped 4.2 cents since the start of the year.
The Orange County average price dropped three-tenths of a cent to $3.518, one day after remaining unchanged. It is four-tenths of a cent more than one week ago and 20.3 cents higher than one year ago but 2.5 cents less than one month ago. The average price has dropped 2.7 cents since the start of the year.
“The bad news is that we seemed to have missed the usual winter gasoline price drop this year because of local oil refinery issues and global issues that propped up oil prices,” said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
“However, the good news is that because of current global events that have reduced oil demand and prices, we may not see a big spring price increase at the pump.”
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