LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today for the 37th time in 40 days, increasing four-tenths of a cent to $4.232, its highest amount since Oct. 14, 2019.
The average price has risen 20.6 cents over the past 40 days, including one-tenth of a cent Tuesday, according to figures from the AAA and Oil Price Information Service. It is 3.8 cents more than one week ago, 14.3 cents higher than one month ago and $1.279 greater than one year ago.
The average price has risen $1 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 rose six-tenths of a cent to $4.181, one day after a seven-day streak of increases totaling 3.7 cents ended with a decrease of one-tenth of a cent. It is 3 cents more than one week ago, 12.1 cents higher than one month ago and $1.258 greater than one year ago.
The Orange County average price has risen 97.3 cents since the start of the year, 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.
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