LOS ANGELES – The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Friday to its highest amount since Oct. 28, increasing 3.1 cents to $5.646.
The average price has risen 49 times in 54 days, increasing 67.4 cents, including 3.2 cents Thursday, according to figures from the AAA and Oil Price Information Service.
The average price rose 30 consecutive days, dropped two of the next three days, rose five of the following six days, was unchanged Sept. 1 and has risen 13 of the past 14 days.
The average price is 19.1 cents more than one week ago, 39.2 cents higher than one month ago and 22.3 cents above what it was one year ago. It has dropped 84.8 cents since rising to a record $6.494 on Oct. 5.
The Orange County average price rose to its highest amount since Oct. 25, increasing 3.3 cents to $5.628. It has risen 47 of the past 53 days, increasing 72.7 cents.
The Orange County average price is 21.8 cents more than one week ago, 41.8 cents higher than one month ago and 24.1 cents above what it was one year ago. It has dropped 83.1 cents since rising to a record $6.459 on Oct. 5.
“Our pump prices have been skyrocketing as a result of regional refinery outages, as well as from increasing crude oil prices following deadly flooding in Libya, which will temporarily disrupt oil exports from that OPEC nation,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications manager.
“These regional and global factors are putting upward pressure on both regular unleaded and diesel prices all across Southern California.”
The national average price rose eight-tenths of a cent to $3.866, the eighth consecutive increase since a run of six decreases in seven days totaling 2.4 cents ended Sept. 7 when it was unchanged.
The national average price is 5.8 cents more than one week ago, four- tenths of a cent higher than one month ago and 16.8 cents above what it was one year ago. It has dropped $1.15 since rising to a record $5.016 on June 14, 2022.
