Gas prices

Southland Gas Prices Continue to Increase

Before the latest streak of rising prices began, the average price had gone 69 straight days without increasing, dropping 65 days.

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A gasoline station attendant pumps diesel into a car at a filling station on March 23, 2010 in Berlin, Germany. German President Horst Koehler said on Sunday higher petrol prices is the surest means to convince traditionally car-loving Germans to seek more environmentally-friendly alternatives, and his comment has already sparked the ire of the automobile lobby. (Photo Illustration by Sean Gallup/Getty Images)

The average price of a gallon of self-serve regular gasoline in Los Angeles County rose for the fifth consecutive day Saturday, increasing nine-tenths of a cent to $2.849.

Before the latest streak of rising prices began, the average price had gone 69 straight days without increasing, dropping 65 days and remaining the same the other four days, to its lowest amount since Jan. 1, 2017, according to figures from the AAA and Oil Price Information Service.

The average price is 2.1 cents more than a week ago, 12.5 cents lower than a month ago and $1.24 cheaper than one year ago.

The Orange County average price also rose for the fifth consecutive day, spiking 1.2 cents to $2.805. It had been at its lowest amount since Dec. 28, 2016, before rising Wednesday. It is 2.9 cents more than one week ago, 14.4 cents lower than one month ago and $1.26 cheaper than one year ago.

"In the past week, Saudi Arabia increased its barrel price for oil, refineries in the region continued to reduce production and demand continued to increase incrementally," said Jeffrey Spring, the Automobile Club of Southern
California's corporate communications manager.

"This is the second week of very small price declines, with some cities seeing flat prices or a slight increase."

Copyright CNS - City News Service
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