LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose one-tenth of a cent today to $4.187 while the Orange County average price dropped one-tenth of a cent to $4.138.
The Los Angeles County average price has increased 28 of the past 29 days, increasing 16.1 cents, including three-tenths of a cent Friday, to its highest amount since Oct. 19, 2019, according to figures from the AAA and Oil Price Information Service.
The average price rose 21 consecutive days, dropped one-tenth of a cent last Saturday and resumed rising Sunday. It is 1.7 cents more than one week ago, 16.1 cents higher than one month ago and $1.278 greater than one year ago.
The average price has risen 95.5 cents since the start of the year, mainly because of a run of 59 increases in 60 days totaling 57.9 cents that ended March 21.
The Orange County average price is eight-tenths of a cent more than one week ago, 14.1 cents higher than one month ago and $1.267 greater than one year ago.
The Orange County average price has risen 93 cents since the start of the year, including one-tenth of a cent Friday, mainly because of a run of 72 increases in 73 days totaling 68.1 cents that ended March 20.
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.
PHOTO CREDIT: Getty Images