The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Friday for the 36th consecutive day, increasing four-tenths of a cent to $2.883.
The average price has risen 52.2 cents over the past 36 days, including two-tenths of a cent on Thursday, according to figures from the AAA and Oil Price Information Service.
The average price is 3.7 cents higher than one week ago and 32.7 cents greater than one month ago. However, it is 34.9 cents less than one year ago, after dropping 71.4 cents during the stretch of 49 decreases in 50 days that immediately preceded the increases.
The average price dropped to its lowest amount since May 6, 2009, before the increases began on Feb. 26.
The Orange County average price increased today for the 35th time in 36 days, increasing a half-cent to $2.874. It has risen 52.8 cents over the past 36 days, including two-tenths of a cent on Thursday. It is 4.5 cents higher than one week ago and 33.7 cents greater than one month ago.
However, it is 31.8 cents less than one year ago after dropping 72.3 cents during the stretch of 49 decreases in 50 days that immediately preceded the increases, falling to its lowest amount since May 5, 2009.
“Wholesale Los Angeles fuel prices have relatively stayed stable for nearly two weeks, and in a few local cities we have seen little or no price increases for a day or two,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
“An unexpected incident affecting fuel supply could of course always happen, but for now consumers may see fewer price increases at the pump. And while prices have been climbing, they are still much lower than at this time last year.”
—City News Service