By: Steven Herbert
LOS ANGELES – The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Friday for the 19th consecutive day, increasing 2.2 cents to $5.194, its highest amount since Nov. 23.
The average price has increased 22.2 cents over the past 19 days, including seven-tenths of a cent Thursday, according to figures from the AAA and the Oil Price Information Service. The streak of increases follows a run of six decreases in seven days totaling 2.2 cents.
The average price is 5.3 cents more than one week ago and 22.5 cents higher than one month ago but 21.8 cents less than one year ago. It has dropped $1.30 since rising to a record $6.494 on Oct. 5.
The Orange County average price rose for the 11th consecutive day and 17th time in 18 days, increasing 2.8 cents to $5.145, its highest amount since Nov. 22. It has risen 24.4 cents over the past 18 days, including 1 cent Thursday.
The Orange County average price is 6.3 cents more than one week ago and 23.1 cents higher than one month ago but 15.8 cents less than one year ago. It has dropped $1.314 since rising to a record $6.459 on Oct. 5.
“After showing a few signs of reversing course downward, Los Angeles wholesale gasoline prices have remained at higher levels along with oil prices worldwide,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.
“Although gas prices are not moving up as quickly after topping $5 a gallon, they are still on an upward trend.”
The national average price rose for the 20th time in 24 days, increasing 1.3 cents to $3.841. It rose 17 consecutive days, was unchanged Saturday and Monday, dropped two-tenths of a cent Sunday and a half-cent Tuesday and resumed increasing Wednesday.
The national average price has risen 27.8 cents over the past 24 days, including three-tenths of a cent Thursday. It is 1 cent more than one week ago and 30 cents higher than one month ago but 14.9 cents less than one year ago.
The national average price has dropped $1.175 since rising to a record $5.016 on June 14, 2022.
