Gas Prices In LA Up $1 A Gallon Since Start of Year

Los Angeles CA

06 July, 2021

9:11 PM

Description

LOS ANGELES, CA — The average price of a gallon of self-serve regular gasoline in Los Angeles County is now $1 per gallon higher than it was at the start of the year, reaching a peak not seen in nearly a decade, according to the AAA and Oil Price Information Service. The average price of a gallon of self-serve regular gasoline in Los Angeles County rose two-tenths of a cent Tuesday to $4.33, one day after increasing a half-cent. The average price has increased 20 of the past 22 days, rising 8.4 cents to its highest amount since Oct. 25, 2012, according to figures from the AAA and Oil Price Information Service. It is 2.6 cents more than one week ago, 8.9 cents higher than one month ago and $1.236 greater than one year ago. The skyrocket gas prices are linked to a sharp increase in the oil price and increased demand due to more people driving to work and vacation, according to Jeffrey Spring, the Automobile Club of Southern California's corporate communications manager. City News Service contributed to this report.