August 4, 2021 Breaking News, Latest News, and Videos

Southland Gasoline Prices Rise For 30th Consecutive Day:

The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today for the 30th consecutive day, increasing 3.1 cents to $3.504, its highest amount since Oct. 21.

The average price has increased $1.015 during the streak, including 7.7 cents on Saturday, according to figures from the AAA and Oil Price Information Service.

The average price is 46.2 cents more than one week ago and $1.029 higher than one month ago, but 42.2 cents less than one year ago thanks to 24 decreases in the 25 days immediately before the current string of increases began.

The Orange County average price also rose for the 30th consecutive day, increasing 2.8 cents to $3.489, its highest amount since Oct. 21.

The Orange County average price has increased $1.057 during the streak, including 7.4 cents on Saturday.

The Orange County average price is 44.5 cents higher than one week ago and $1.037 more than one month ago. However, it is 43.4 cents lower than one year ago thanks to 23 decreases in 24 days immediately before the current string of increases began.

The increasing prices are the result of reduced supply, stemming from the customary first-quarter refinery maintenance connected with the switch to production of summer blend gasoline, combined with outages at several refineries and a strike by refinery workers represented by United Steelworkers.

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