By City News Service
LOS ANGELES—The average price of a gallon of self-serve regular gasoline in Los Angeles County rose 11 cents on Sept. 25 to $5.80, its 23rd consecutive increase.
The average price has increased 55 cents over the past 23 days, including 7 cents Saturday, according to figures from the AAA and Oil Price Information Service. That’s 37 cents more than one week ago, 49 cents higher than one month ago, and $1.40 greater than one year ago.
The current streak of increases follows a run of 78 decreases in 80 days totaling $1.22. The average price is 66 cents less than the record high of $6.46 set June 14.
Orange County’s average price rose 14 cents to $5.81, its eighth increase in the last nine days. It has increased 42 cents over the past nine days, including 6 cents Saturday. That’s 42 cents more than one week ago, 60 cents more than one month ago, and $1.45 higher than one year ago.
The average price in Orange County is 60 cents less than the record of $6.41 set on June 12.
“Oil Price Information Service reports that several local refineries are undergoing unplanned maintenance as fuel inventories are at their lowest levels in a decade, which caused Los Angeles wholesale gas prices to rise sharply this week,” said Doug Shupe, the Automobile Club of Southern California’s corporate communications and programs manager.
The national average price rose for the fifth consecutive day following a streak of decreases, increasing 1.4 cents to $3.71. It’s 4 cents more than one week ago, 16 cents less than one month ago, and 53 cents more than one year ago.
The national average price is $1.30 less than the record $5.02 set June 14.