April 27, 2024 7:58 am

Los Angeles County Gas Prices Continue to Rise, Reaching Highest Levels Since November

The average price of a gallon of self-serve regular gasoline in Los Angeles County climbed on Monday to its highest level since November 22, marking the 10th increase in 11 days.

According to data from the AAA and Oil Price Information Service, the average price rose by half a cent to $5.038. Over the past 11 days, the average price has surged by 10.8 cents, including a six-tenths of a cent increase on Sunday.

Compared to a week ago, the average price is up by 8.1 cents, and it’s 24.3 cents higher than a month ago. Despite this increase, it remains 18.5 cents lower than the price recorded one year ago. Since its peak of $6.494 on October 5, 2022, the average price has dropped by $1.456.

In Orange County, the average price also saw an uptick, rising by two-tenths of a cent to $4.988, its highest level since November 16. Similar to Los Angeles County, Orange County experienced increases on 10 of the past 11 days, with a rise of 10.9 cents overall.

The national average price slightly increased by one-tenth of a cent to $3.534. This comes after an 11-day streak of increases totaling 14 cents ended with a one-tenth of a cent decrease. Compared to a week ago, the national average is up by 6.7 cents, and it’s 27.2 cents higher than a month ago. However, it’s still 9.4 cents lower than the price recorded one year ago.

Since reaching a record high of $5.016 on June 14, 2022, the national average price has dropped by $1.482.