The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Monday for the ninth time in 10 days, increasing a half-cent to $4.665, its highest amount since June 11.
The average price has risen 5.1 cents over the past 10 days, including 1 cent Sunday, according to figures from the AAA and Oil Price Information Service. It rose three consecutive days, dropped two-tenths of a cent Tuesday and resumed increasing Wednesday.
The average price is 2.5 cents more than one week ago, 20.1 cents higher than one month ago and 5.6 cents above what it was one year ago. It has dropped $1.828 since rising to a record $6.493 on Oct. 5, 2022.
Meanwhile, the Orange County average price rose for the 18th time in 19 days, increasing four-tenths of a cent to $4.641, its highest amount since June 3. It has risen 19.9 cents over the past 19 days, including a half-cent Sunday. It increased 13 consecutive days, dropped two-tenths of a cent Wednesday and resumed rising Thursday.
The Orange County average price is 3.4 cents more than one week ago, 22.3 cents more than one month ago and 10.6 cents above what it was one year ago. It has dropped $1.817 since rising to a record $6.458 on Oct. 5, 2022.
The national average price rose two-tenths of a cent to $3.199 after back-to-back decreases totaling seven-tenths of a cent, including three-tenths of a cent Sunday.
The national average price is nine-tenths of a cent more than one week ago and 4.3 cents higher than one month ago, but 7.4 cents less than one year ago. It has dropped $1.817 since rising to a record $5.016 on June 14, 2022.
“Most of the nation’s 50 states saw gas prices rise over the last week, while some Great Lakes states saw significant relief thanks to the restart of BP’s Whiting, Indiana, refinery after severe weather caused a temporary outage,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
“GasBuddy counts 17 states with average prices below $3 per gallon — fewer than we’ve seen in recent months. Ohio, Michigan, Indiana, Kentucky and Illinois led the declines, while just a few additional states saw price drops.
“Meanwhile, the West Coast may see continued increases ahead in California, Oregon, Washington, Arizona, and Nevada due to seasonal refinery maintenance and the shutdown of a refinery in Southern California, which will keep supply tight. However, with the transition back to winter gasoline just a week away for most areas, those increases may be short-lived, with potential relief arriving toward the end of the month.
“Additionally, OPEC+ announced an increase in oil production starting in October, which could help keep oil prices lower for longer.”
OPEC+ is the Russia-led group of oil producers.