The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Wednesday for the 22nd time in 23 days, increasing four-tenths of a cent to $4.584, its highest amount since Oct. 18, 2012.
The average price has risen 14.3 cents over the past 23 days, including one-tenth of a cent Tuesday, according to figures from the AAA and Oil Price Information Service. It rose 19 consecutive days, dropped three-tenths of a cent Sunday and resumed increasing Monday.
The average price is 1.6 cents more than one week ago, 16.8 cents higher than one month ago and $1.425 greater than one year ago.
The Orange County average price rose three-tenths of a cent to $4.543, its highest amount since Oct. 18, 2012, one day after increasing two-tenths of a cent. It is 1.2 cents more than one week ago, 16.4 cents higher than one month ago and $1.422 greater than one year ago.
“The jump in gas prices that started nearly a month ago is finally running out of steam for the time being, as oil prices have stabilized,” said Patrick De Haan, head of petroleum analysis for GasBuddy, which provides real-time gas price information from more than 150,000 stations.