The average price of a gallon of self-serve regular gasoline in Los Angeles County rose for the fourth consecutive day Saturday, increasing 3 cents to $5.507.
The average price has risen 10.2 cents over the past four days, including 2.7 cents Friday, according to figures from the AAA and Oil Price Information Service. It is 9.7 cents more than one week ago, 14 cents less than one month ago and $1.012 more than one year ago.
The average price has increased 81.3 cents since the start of the joint U.S./Israel attack on Iran on Feb. 28, which sent oil prices higher and drastically accelerated increases at the gas pump.
The Orange County average price rose for the fifth consecutive day, increasing 4.8 cents to $5.439. It has risen 14.1 cents over the past five days, including 3.2 cents Friday. The Orange County average price is 13.1 cents more than one week ago, 8.3 cents less than one month ago and $1.003 more than one year ago. It has increased 80.3 cents since the attack on Iran.
“Oil prices have risen as of today to near $80 a barrel but are still well below the $120-per-barrel prices at the height of the conflict,” Kandace Redd, the Automobile Club of Southern California’s senior public affairs specialist, said in a statement Thursday. “As long as traffic is significantly disrupted in the Strait of Hormuz, we can expect oil prices to remain higher or increase, which will push up prices at the pump.”
The national average price rose for the fourth consecutive day, increasing 1.1 cents to $3.992. It has risen 13.3 cents over the past four days, including 3.8 cents Friday. The national average price is 11 cents more than one week ago, seven-tenths of a cent less than one month ago and 83.7 cents more than one year ago. It has increased $1.01 since the attack on Iran.