LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today to its highest amount since March 23, increasing 1 cent to $3.267.
The average price has risen 11 of the past 12 days, increasing 5.5 cents, including 1.3 cents on Thursday, according to figures from the AAA and Oil Price Information Service. It is 3.3 cents above one week ago and 11.5 cents higher than one month ago but 33.6 cents less than one year ago.
The Orange County average price rose to its highest amount since March 20, increasing 1.1 cents to $3.252. It is 3.6 cents more than one week ago and 12.8 cents higher than a month ago, but 28.8 cents less than one year ago.
“Futures buying and rising crude oil prices pushed California gasoline prices higher in the new year, although news of continued inventory growth (Wednesday) from the California Energy Commission may reverse that trend,'' said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
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