LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose four-tenths of a cent today for the second consecutive day -- reaching $3.932, its highest amount since Nov. 21, 2019.
The average price is 1.3 cents more than one week ago, 22.7 cents higher than one month ago and 71.6 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service. It has risen 70 cents since the start of the year mainly because of a run of 59 increases in 60 days totaling 57.9 cents that ended Sunday with a decrease of one-tenth of a cent.
The Orange County average price rose four-tenths of a cent to $3.909, its highest amount since Nov. 20, 2019. It is seven-tenths of a cent more than one week ago, 21.5 cents higher than one month ago and 73.2 cents greater than one year ago.
The Orange County average price has risen 70.1 cents since the start of the year, mainly because of a run of 72 increases in 73 days totaling 68.1 cents that ended Saturday with a decrease of two-tenths of a cent.
The average price is stabilizing as “Los Angeles wholesale gasoline prices have been dropping overall for the past couple of weeks as supply problems related to the February freeze have been resolved,'' said Marie Montgomery, a public relations specialist with the Automobile Club of Southern California.
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