The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Tuesday to its highest amount since Oct. 6, 2023, increasing 1.8 cents to $6.059.
The average price has risen six consecutive days, increasing 13.9 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 13.7 cents more than one week ago, 8.8 cents higher than one month ago and $1.268 above what it was one year ago. It is 43.5 cents less than the record $6.494 set on Oct. 5, 2022.
The streak of rising prices began one day after the end of a run of 12 decreases in 13 days totaling 13.2 cents. The Orange County average price is 10.8 cents more than one month ago and $1.275 higher than one year ago.
The national average price rose to its highest amount since Aug. 2, 2022, increasing 6.5 cents to $4.176. It has risen six consecutive days, increasing 16.9 cents, including 1.2 cents Monday.
The national average price is 15.4 cents more than one week ago, 20 cents higher than one month ago and $1.026 above what it was one year ago. It is 84 cents less than the record $5.016 set June 14, 2022.
“Average gasoline prices rose in 39 states over the last week,” 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.
“Oil prices have been climbing again as markets react to renewed geopolitical tensions and the cancellation of talks between the U.S. and Iran. As a result, gasoline prices are set to rise further this week.”
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