LA County Gasoline Prices Continue to Climb for 24th Consecutive Da

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A gasoline truck replenishes a gas station's underground tanks. | Photo courtesy of Rennett Stowe/Flickr (CC BY 2.0)

Gas Prices in LA County Rise for 24th Consecutive Day, Reaching New Highs at $4.839 per Gallon

According to data from the AAA and Oil Price Information Service, the average price of self-serve regular gasoline in Los Angeles County increased by two-tenths of a cent on Saturday, marking the 24th consecutive increase. The average price has risen by 27.5 cents in the past 24 days, with Friday's increase being four-tenths of a cent. The current price is the highest since December 5, and is 4.1 cents higher than last week and 29.5 cents higher than last month. However, it is nine-tenths of a cent less than the price one year ago. The average price dropped by $1.657 after reaching a record high of $6.494 on October 5.

Meanwhile, the Orange County average price of gasoline remained unchanged at $4.807 on Saturday, breaking a run of 21 increases in 23 days. However, the current price is 4.4 cents higher than last week and 32.3 cents higher than last month. It is 2 cents less than the price one year ago. After reaching a record high of $6.459 on October 5, the average price in Orange County dropped by $1.652.

On the national level, the average price of gasoline decreased by 1.2 cents to $3.373, marking the 26th decrease in 28 days. The national average price dropped by 13.7 cents in the past 28 days, including a decrease of eight-tenths of a cent on Friday. The current national average price is 4.4 cents lower than last week, 10.8 cents lower than last month, and 19.9 cents lower than the price one year ago. The national average price dropped by $1.643 after reaching a record high of $5.016 on June 14.

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