Gas pump, no prices.
Gas pump. Photo credit: Alexander Nguyen

The average price of a gallon of self-serve regular gasoline in Los Angeles County was at its second-lowest amount for a Labor Day since 2011 Monday, despite 10 consecutive daily increases totaling 14.5 cents.

The average price rose 1.6 cents Monday to $3.159, its highest amount since Sept. 24, 2015, according to figures from the AAA and Oil Price Information Service. It is 12.7 cents more than one week ago, 18.2 cents higher than one month ago and 43.1 cents greater than one year ago.

The Labor Day price was $2.728 in 2016; $3.478 in 2015 $3.835 in 2014; $3.864 in 2013; a Labor Day-record $4.713 in 2012 (which analysts attributed to the Aug. 6, 2012, fire at the Chevron refinery in Richmond, which reduced its refining capacity and the gasoline supply); and $3.958 in 2011, which then was a record.

The Orange County average price was also at its second-lowest amount for a Labor Day since 2011, despite rising 10 of the past 11 days. It increased 1.2 cents to $3.14, its highest amount since Sept. 20, 2015.

The Orange County average price is 13.3 cents more than one week ago, 19.4 cents higher than one month ago and 42.9 cents greater than one year ago. It has risen 15.4 cents over the past 11 days, including 3.1 cents on Sunday.

The Orange County Labor Day price was $2.711 in 2016; $3.412 in 2015; $3.803 in 2014; $3.837 in 2013; a Labor Day-record $4.155 in 2012; and $3.939 in 2011, which then was a record.

The rising prices are the result of disruption to “the entire supply chain” caused by Hurricane Harvey even though “California’s gasoline and oil supplies do not come from the Gulf Coast,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.

The average price in Riverside and San Bernardino counties rose 1 cent Monday to $3.075, its highest amount since Sept. 24, 2015. It is 12 cents more than one week ago, 16.8 cents higher than one month ago and 40.6 cents more than one year ago.

The average price has risen 13.2 cents over the past 10 days, including 2.7 cents on Sunday.

The Labor Day price was $2.669 in 2016; $3.389 in 2015; $3.796 in 2014; $3.825 in 2013; a Labor Day-record $4.142 in 2012 (which analysts attributed to the Aug. 6, 2012, fire at the Chevron refinery in Richmond, which reduced its refining capacity and the gasoline supply); and $3.932 in 2011, which then was a record.

— City News Service

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