The average price of a gallon of self-serve regular gasoline in Los Angeles County rose to its highest amount since Oct. 3, 2023, Tuesday, increasing 2.4 cents to $6.207.
The average price has risen 13 consecutive days, increasing 28.7 cents, including six-tenths of a cent Monday, according to figures from the AAA and Oil Price Information Service. The streak of increases follows a 14-day streak of decreases totaling 12.8 cents.
The average price is 14.8 cents more than one week ago, 17.1 cents higher than one month ago and $1.457 above what it was one year ago. It has risen $1.513 since the joint U.S./Israel attack on Iran Feb. 28, moving within 28.7 cents of the record $6.494 set on Oct. 5, 2022.
The Orange County average price rose to its highest amount since Oct. 2, 2023, increasing 2.7 cents to $6.182. It has increased 14 consecutive days, rising 33.5 cents, including two-tenths of a cent Monday.
The Orange County average price is 16.2 cents more than one week ago, 21.1 cents higher than one month ago and $1.494 above what it was one year ago. It has risen $1.546 since the attack on Iran, moving within 27.7 cents of the record $6.459 set Oct. 5, 2022.
The national average price rose to its highest amount since July 19, 2022, increasing 2.6 cents to $4.483. It has risen 13 consecutive days, increasing 47.3 cents, including 1.1 cents Monday.
The national average price is 30.7 cents more than one week ago, 37.3 cents higher than one month ago and $1.318 above what it was one year ago. It has risen $1.501 since the attack on Iran, moving within 53.3 cents of the record $5.016 set June 14, 2022.
“Gasoline prices rose in every state over the last week, with some of the most significant and fastest increases concentrated in the Great Lakes,” 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 Monday.
“Markets are also digesting a wave of new developments — including OPEC+ raising production for June and President (Donald) Trump outlining a plan to free stranded ships — which could help restore some supply.
“However, with so many moving pieces, the outlook remains highly fluid, and while some localized relief may emerge, broader price volatility is likely to persist in the near term.”
OPEC+ is the Russia-led group of oil producers.
