The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Wednesday for the 33rd consecutive day, increasing seven-tenths of a cent to $3.535, its highest amount since Oct. 18.
The average price has increased $1.076 during the streak, including 1.5 cents on Tuesday, according to figures from the AAA and Oil Price Information Service.
The average price is 37 cents more than one week ago and $1.008 higher than one month ago, but 40.7 cents less than one year ago thanks to 24 decreases in the 25 days immediately before the current string of increases began.
The streak of increases is the longest since a 36-day streak from Feb. 9- March 16, 2011.
The Orange County average price also rose for the 33rd consecutive day, increasing 1.3 cents to $3.522, its highest amount since Oct. 18.
The Orange County average price has increased $1.09 during the streak, including 1.7 cents on Tuesday.
The Orange County average price is 36.2 cents higher than one week ago and $1.012 more than one month ago. However, it is 41.9 cents lower than one year ago thanks to 23 decreases in 24 days immediately before the current string of increases began.
The increasing prices are the result of reduced supply, stemming from the customary first-quarter refinery maintenance connected with the switch to production of summer blend gasoline, the Feb. 18 explosion at the ExxonMobil refinery in Torrance, outages at several other refineries and a strike by refinery workers represented by United Steelworkers.
— City News Service