LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County was unchanged today, remaining at $4.245, one day after rising four-tenths of a cent to its highest amount since Oct. 10, 2019.
The average price is 1.7 cents more than one week ago, 10.9 cents higher than one month ago and $1.263 greater than one year ago, according to figures from the AAA and Oil Price Information Service. It has risen $1.013 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 two-tenths of a cent to $4.197, its highest amount since Oct. 14, 2019, one day after being unchanged. It is 2.2 cents more than one week ago, 9.4 cents higher than one month ago and $1.246 greater than one year ago.
The Orange County average price has risen 98.9 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.
“Gas price increases appear to be slowing down as refinery production has picked up,'' said Marie Montgomery, a public relations specialist with the Automobile Club of Southern California. “Southern California may even see prices start to decrease if this trend continues.''
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