The average price of a gallon of self-serve regular gasoline in Los Angeles County rose another 2.6 cents Saturday to $5.883, its highest amount since June 8.
The average price has increased 18 consecutive days, and is 14.8 cents more than one week ago, 18.8 cents more than one month ago and $1.239 more than one year ago, according to figures from the AAA and Oil Price Information Service. It has increased $1.189 since the start of the joint U.S./Israel war on Iran on Feb. 28, which sent oil prices higher and drastically accelerated increases at the gas pump.
The Orange County average price rose 2.6 cents to $5.863, its highest amount since June 4. It has also increased for 18 consecutive days, and is 15.8 cents more than one week ago, 21.8 cents more than one month ago and $1.245 more than one year ago. The Orange County average price has increased $1.227 since the start of the war on Iran.
The national average price dropped two-tenths of a cent to $4.145, after five consecutive increases. The national average price is 6.4 cents more than one week ago, 6.5 cents more than one month ago and 94.1 cents more than one year ago. It has increased $1.163 since the attack on Iran.
The national average price is at its highest amount this late in the calendar year, according to Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
“The national average has never been above $4 per gallon on Labor Day,” the AAA said Thursday. “The current Labor Day record is $3.82, set on September 3, 2012. Even though gasoline demand decreases this time of year, typically bringing down gas prices, this year is different due to the high cost of crude oil.”