LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County was unchanged for the second consecutive day, remaining at $4.381 today.
The average price has changed by one-tenth of a cent or been unchanged for six consecutive days and is a half-cent more than one week ago and 4.8 cents higher than one month ago, according to figures from the AAA and Oil Price Information Service.
However, it is $1.192 greater than one year ago and has risen $1.149 since the start of the year 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 recorded its largest daily decrease since May 17, dropping a half-cent to $4.347 after back-to-back increases of three-tenths of a cent boosted to its highest amount since Oct. 24, 2012.
The Orange County average price is two-tenths of a cent more than one week ago, 5.1 cents higher than one month ago and $1.173 greater than one year ago. It has risen $1.139 since the start of the year to its highest amount since Oct. 24, 2012.