The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Monday to its highest amount since Oct. 11, 2023, increasing 2.5 cents to $5.895.
The average price has risen 32 of the past 33 days, increasing $1.276, including 7.2 cents on Sunday, according to figures from the AAA and Oil Price Information Service. It rose 10 consecutive days, was unchanged March 1 and resumed rising the following day.
The average price is 27.7 cents more than one week ago, $1.23 higher than one month ago and $1.239 greater than one year ago. It is 59.9 cents less than the record $6.494 set on Oct. 5, 2022.
The Orange County average price rose to its highest amount since Oct. 7, 2023, increasing 1.8 cents to $5.859. It has risen 54 consecutive days, increasing $1.616, including 7.3 cents on Sunday.
The Orange County average price is 28.8 cents more than one week ago, $1.257 higher than one month ago and $1.253 greater than one year ago. It is 60 cents less than the record $6.459 on Oct. 5, 2022.
Prices were rising slightly in line with seasonal norms before the joint U.S./Israel attack on Iran on Feb. 28 sent oil prices higher and drastically accelerated increases at the gas pump.
The national average price rose to its highest amount since Aug. 15, 2022, increasing 1.4 cents to $3.956. It has risen for 23 consecutive days, increasing 97.4 cents, including 1.7 cents on Sunday.
The national average price is 23.8 cents more than one week ago, $1.018 higher than one month ago and 83 cents greater than one year ago. It is $1.06 less than the record $5.016 set on June 14, 2022.
“Gas prices continued to rise nationwide over the last week as seasonal factors, combined with ongoing supply concerns tied to the continued disruption in the Strait of Hormuz, pushed … prices sharply higher,” Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations, said in a statement.
“It now appears increasingly likely that the national average price of gasoline will reach the $4-per-gallon mark — potentially as early as this week — for the first time since 2022. There are few signs of stabilization so far, as global oil prices continue to climb and early indications suggest consumers may begin to pull back in response to the rapid pace of increases.”