The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today for the 27th consecutive day, increasing 1.1 cents to $4.309, its highest amount since Oct. 26 and the highest in the state.
The average price has increased 55.9 cents during the streak of rising prices, including 1 cent on Tuesday, according to figures from the AAA and Oil Price Information Service.
The average price is 12.4 cents more than one week ago, 56.1 cents higher than one month ago and 23.9 cents greater than one year ago.
“After rising 50 cents in a month, local gas prices are just 50 cents away from the all-time record that was set in October, and the Los Angeles average price for regular is almost the same as the Honolulu average price,” Auto Club spokesperson Jeffrey Spring said last week. “Los Angeles wholesale gasoline prices have been relatively stable for the past two weeks, and if that continues, we should expect pump prices to stop climbing soon.”
Locally, in Long Beach, gas prices would have to hit an average of $4.70 per gallon to tie the record price set in October of 2012.
- City News Service also contributed to this report.