South­land gaso­line prices pass $4 for first time since May

Antelope Valley Press (Sunday) - - News -

LOS AN­GE­LES (CNS) — The av­er­age price of a gal­lon of self-serve reg­u­lar gaso­line in Los An­ge­les County topped $4 Satur­day for the first time since May 24, record­ing the largest daily in­crease since July 15, 2015, 7.2 cents.

The av­er­age price has in­creased 12 con­sec­u­tive days, ris­ing 37 cents to $4.042, ac­cord­ing to fig­ures from the AAA and Oil Price In­for­ma­tion Ser­vice. It is 25.1 cents higher than one week ago, 47.2 cents higher than one month ago and 27.2 cents greater than one year ago.

The av­er­age price has risen 65.1 cents since the start of the year.

The Orange County av­er­age price topped $4 for the first time since May 20, with its largest daily in­crease since July 14, 2015, 8.1 cents.

The Orange County av­er­age price of $4.024 is 27.1 cents more than one week ago.

The ris­ing prices are the re­sult of di­min­ished sup­ply pri­mar­ily caused by un­planned main­te­nance is­sues at the Chevron and Marathon re­finer­ies in Los An­ge­les County and the ab­sence of im­ported gaso­line, ac­cord­ing to Jeffrey Spring, the Au­to­mo­bile Club of South­ern Cal­i­for­nia’s cor­po­rate com­mu­ni­ca­tions man­ager.

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