LA Gas Prices Reach Highest Level Since 2012

Stop me if you've heard this one before...

But the average price of a gallon of gas in Los Angeles County has reached a record high!!!

US Gas Prices Rise For 35 Consecutive Days

Photo: Getty Images North America

Photo: Getty Images

As of Tuesday afternoon, the average price of a gallon of regular gas was $4.33, marking the highest it's reached since October 2012, the AAA reports. The new price reflects a whopping $1 increase since the beginning of the year, according to the agency.

Part of the reason for the hike is a new law that increases tax on gasoline by six-tenths of a cent per gallon, officials say. That brings the state's total gas excise tax to 51.1 cents per gallon, the highest in the United States, per the AAA.

What's the most you've paid in gas? Tweet us your thoughts @ConwayShow!

Check out more details on CBS Los Angeles.

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