LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today for the seventh consecutive day, increasing four-tenths of a cent to $3.186, its highest amount since Oct 19.
The average price is 3.9 cents more than one week ago and 4.3 cents higher than a month ago, but 46.1 cents less than one year ago, according to figures from the AAA and Oil Price Information Service.
The average price in Orange County rose six-tenths of a cent to $3.168, its fifth increase in the last six days. It is 3.3 cents more than one week ago and 5.4 cents higher than a month ago, but 39.2 cents less than one year ago.
“Wholesale prices have pushed upward a bit and frankly, there's no specific reason for it other than increased futures trading activity,'' Marie Montgomery, a public relations specialist with the Automobile Club of Southern California, told City News Service.
“It's a small increase so far, but given the stay-at-home orders, it is unusual for prices to be rising and not falling.''
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