Average Southland Gasoline Prices Rise To Highest Amount Since October 2019

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today for the 14th consecutive day, increasing nine-tenths of a cent to $4.131, its highest amount since Oct. 23, 2019.

The average price has increased 10.5 cents over the past 14 days, including 1.5 cents Thursday, according to figures from the AAA and Oil Price Information Service. It is 5.6 cents more than one week ago, 16.4 cents higher than one month ago and $1.305 greater than one year ago.

The Orange County average price rose for the 11th consecutive day and 13th time in 14 days, increasing 1.1 cents to $4.098, its highest amount since Oct. 23, 2019. It has risen 10.2 cents over the past 14 days, including 1.5 cents Thursday.

The Orange County average price is 5.2 cents more than one week ago, 15.1 cents higher than one month ago and $1.323 greater than one year ago.

The rising prices are the result of less supply because production is reduced due to refinery maintenance and fuel demand is increasing, according to Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.

“This is a typical pattern that we see during the spring months,” Spring said.

The large price increases from one year ago are the result of significant decreases during the early stage of the coronavirus pandemic, when driving and demand dropped substantially because of stay-at-home orders intended to reduce the spread of the virus.

The Los Angeles County average price is 1.1 cents more than it was on May 7, 2019, while the Orange County average price is two-tenths of a cent more.


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