May 20, 2022 Breaking News, Latest News, and Videos

Southland Gasoline Prices Record Largest Daily Increase Since October 2012:

The average price of a gallon of self-serve regular gasoline in Los Angeles County recorded its largest daily increase since Oct. 6, 2012, today, rising 8 cents to $3.245, its highest amount since Nov. 10.

The average price has increased 27 consecutive days, rising 78.6 cents, including 6.1 cents on Wednesday, according to figures from the AAA and Oil Price Information Service.

The average price is 34.4 cents more than one week ago and 77.5 cents higher than one month ago, but 64 cents less than one year ago thanks to 24 decreases in the 25 days immediately before the current string of increases began.

The 27-day streak of increases is the longest since a 30-day streak from Jan. 25-Feb. 23, 2013.

The Orange County average price also recorded its largest daily increase since Oct. 6, 2012, rising 8 cents today to $3.24, its highest amount since Nov. 6. It has also increased 27 consecutive days, rising 80.8 cents, including 6 cents on Wednesday.

The Orange County average price is 34.9 cents higher than one week ago and 79.4 cents more than one month ago.

However, it is 64.2 cents lower than one year ago thanks to 23 decreases in 24 days immediately before the current string of increases began.

The 27-day streak of increases is the longest since one lasting 32 days from Feb. 6-March 9 last year.

The explosion Feb. 18 that caused a partial shutdown of the ExxonMobil refinery in Torrance put additional pressure on gasoline prices, whose supply had already been reduced by the process of converting to production of summer blend gasoline, according to Marie Montgomery of the Automobile Club of Southern California.

in News
Related Posts

Shared Mobility Plummets in Santa Monica

May 20, 2022

May 20, 2022

Recent report also shows that nearly half of riders make over $100,000 By Sam Catanzaro Shared mobility use in Santa...

Christopher Dishlip Selected as Santa Monica’s New Assistant Director of Public Works

May 20, 2022

May 20, 2022

Public Works Director Rick Valte announced the selection of Christopher Dishlip as Santa Monica’s new Assistant Director of Public Works....

Letter to Editor: Response to Himmelrich’s “We Walk the Talk” Column

May 20, 2022

May 20, 2022

By Beau Marks As a Santa Monica resident, I am dismayed by Sue Himmelrich’s response (“We Walk the Talk,” Santa...

Motional And UberEats Launch Autonomous Deliveries In Santa Monica

May 18, 2022

May 18, 2022

There Are Plans For Expansion Into The Rest Of Los Angeles Motional, a global driverless technology leader, and Uber Technologies...

Winston Pies Opening Third Location In Santa Monica

May 18, 2022

May 18, 2022

The restaurant used to be known as ButterCrust Pies Winston Pies is staying in Santa Monica when opening their third...

Only 10 Vaquita Porpoises Survive, But The Species May Not Be Doomed

May 17, 2022

May 17, 2022

Hope remains for the porpoise species not only survive but thrive with human help. By Stuart Wolpert The vaquita porpoise,...

The American Cinematheque Brings “Bleak Week” To Santa Monica’s Aero Theatre And The Los Feliz Three Theatre

May 17, 2022

May 17, 2022

33 Films From 18 Countries In One Week. By Dolores Quintana Sometimes when things are tough and you’re feeling down,...

Man Who Murdered His Family Members Pleads Guilty To Five Other Killings

May 16, 2022

May 16, 2022

Escobar injured an additional seven other people as well.  By Dolores Quintana A man, Ramon Escobar, has pleaded guilty to...

The price of gasoline in Los Angeles County Has Experienced The Largest Increase Since February

May 16, 2022

May 16, 2022

Gasoline prices in Orange County Have Also Increased By Dolores Quintana Regular self-serve gasoline in the county of Los Angeles...

Santa Monica Travel Summit Of 2022 Returns To Take On Tomorrow

May 16, 2022

May 16, 2022

The Event Was Held At The Jonathan Club On Santa Monica Beach By Staff Writer The 2022 Santa Monica Tourism...

City Council Extends Santa Monica’s Parklet Program: Santa Monica Beat – May 16th, 2022

May 16, 2022

May 16, 2022

Local news and culture in under 5 minutes.* City Council Extends Santa Monica’s Parklet Program * Santa Monica High School Students...

1221 Ocean Avenue Complex Sold For Record Price

May 16, 2022

May 16, 2022

Sold for a record price of $330 million. By Dolores Quintana The Irvine Company has sold 1221 Ocean Avenue to...

Office Construction Is Starting To Rise In Los Angeles

May 15, 2022

May 15, 2022

Property vacancies are still affecting growth.  By Dolores Quintana In March, the Los Angeles Metropolitan area had 3.2 million square...

Santa Monica City Council Selects Doug Sloan as New City Attorney

May 12, 2022

May 12, 2022

At its meeting this week, the Santa Monica City Council appointed Doug Sloan to serve as Santa Monica’s next City...

Landmark Theater Closing in Former Westside Pavillion

May 12, 2022

May 12, 2022

Theater will close at the end of month By Sam Catanzaro The Landmark Pico theater at the former Westside Pavillion...