LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today for the 17th consecutive day and 33rd time in the past 34 days, increasing eight-tenths of a cent to $3.506, its highest amount since March 9.
The average price has risen 27.5 cents over the past 34 days, including 1.1 cents on Thursday, according to figures from the AAA and Oil Price Information Service. It is six cents more than one week ago and 26.7 cents higher than one month ago, but 7.6 cents less than one year ago.
The Orange County average price increased a half-cent to $3.491, its highest amount since March 5 and the 31st consecutive daily increase. It is 5.3 cents more than one week ago and 27.3 cents higher than a month ago, but 3.8 cents less than one year ago.
“The extra cost of producing the summer blend of gasoline is now being priced into the market,'' said Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
“Supply of California gasoline will continue to be an issue in coming months and years as local refineries work to comply with increased pollution restrictions in the state.''
Photo: Getty Images