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 $4.357, one day after increasing by four-tenths of a cent.
The average price is a half-cent more than one week ago, 7.2 cents higher than one month ago and $1.195 greater than one year ago, according to figures from the AAA and Oil Price Information Service. It has changed by two- tenths of a cent or less six of the past seven days.
The average price has risen $1.125 since the start of the year to its highest amount since Oct. 25, 2012, because of a sharp increase in the oil price and higher demand stemming from more people driving to work, according to Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager.
The Orange County average price rose four-tenths of a cent to $4.321, one day after remaining unchanged. It is six-tenths of a cent more than one week ago, 8.2 cents higher than one month ago and $1.17 greater than one year ago. It has risen $1.113 since the start of the year to its highest amount since Oct. 25, 2012.