The average price of a gallon of self-serve regular gasoline in Los Angeles County increased four-tenths of a cent Monday to $4.727.
The average price is three-tenths of a cent less than one week ago, but 7.7 cents more than one month ago and 15.5 cents higher than one year ago, according to figures from the AAA and Oil Price Information Service. It has decreased $1.766 since rising to a record $6.493 on Oct. 5, 2022.
The Orange County average price increased three-tenths of a cent to $4.698. It is three-tenths of a cent less than one week ago, but 6.6 cents more than one month ago and 17.3 cents higher than one year ago. It has dropped $1.76 since rising to a record $6.458 on Oct. 5, 2022.
Last week’s explosion and fire at Chevron’s El Segundo oil refinery — the state’s second largest — is expected to cause Southern California gas prices to rise in the coming days, though the extent and duration of any potential increases is unclear.
The national average price remained the same at $3.133. It is two-tenths of a cent less than one week ago, 6.7 cents less than one month ago and 4 cents less than one year ago. It has dropped $1.883 since rising to a record $5.016 on June 14, 2022.