LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County rose seven-tenths of a cent today to $4.365 after remaining unchanged for two consecutive days.
The average price is 1.4 cents more than one week ago, 6.1 cents higher than one month ago and $1.196 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 nine of the past 11 days.
The average price has risen $1.133 since the start of the year to its highest amount since Oct. 24, 2014, 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 a half-cent to $4.333, one day after increasing six-tenths of a cent. It is 2.1 cents more than one week ago, 6.8 cents higher than one month ago and $1.172 greater than one year ago. It has risen $1.125 since the start of the year to its highest amount since Oct. 24, 2012.
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