The average price of a gallon of self-serve regular gasoline in Los Angeles County shot up 3.9 cents Saturday to $4.747, one day after rising 7.7 cents for its largest increase since Sept. 28, 2023.
“Oil Price Information Service reports that wholesale prices are up double digits this week due to some planned and unplanned refinery maintenance and stronger futures expectations for gas prices,” Doug Shupe, the Automobile Club of Southern California’s corporate communications manager, said in a statement released Thursday.
The average price is 11.3 cents more than one week ago, 2.3 cents more than one month ago and 22.3 cents more than one month ago, according to figures from the AAA and the Oil Price Information Service. It has decreased $1.746 since rising to a record $6.493 on Oct. 5, 2022.
The Orange County average price rose 3.8 cents to $4.71, one day after rising 8.9 cents for its largest increase since Sept. 28, 2023.
The Orange County average price is 12.8 cents more than one week ago, 1.4 cents more than one month ago and 28.9 cents more than one year ago. It has decreased $1.748 since rising to a record $6.458 on Oct. 5, 2022.
The national average price dropped two-tenths of a cent to $3.038. It is 2.1 cents less than one week ago, 12.2 cents less than one month ago and 8.4 cents less than one year ago. It has dropped $1.978 since rising to a record $5.016 on June 14, 2022.