The average price of a gallon of self-serve regular gasoline in Los Angeles County increased a half-cent this week to $4.018, two days after surpassing $4 a gallon for the first time since Nov. 16, 2019.
The average price has risen in seven of the past eight days to its highest level since Nov. 15, 2019. In that eight-day span, it has increased 4.1 cents, including four-tenths of a cent on April 18, according to figures from the AAA and Oil Price Information Service. It is 3.9 cents more than one week ago, 9.6 cents higher than one month ago and $1.126 greater than one year ago.
The average price has exceeded $4 because of “the continued recovery of fuel demand in Southern California and anticipation that demand will only grow once more pandemic-related restrictions are lifted” and oil prices continuing to stay at higher levels, which adds to the cost of producing gasoline, according to Marie Montgomery, a public relations specialist with the Automobile Club of Southern California.
The Orange County average price rose for the seventh consecutive day, increasing one-tenth of a cent to $3.985, its highest amount since Nov. 14, 2019. It has increased 3.5 cents over the past seven days, including three-tenths of a cent on April 18.
The Orange County average price is 3.5 cents more than one week ago, eight cents higher than one month ago and $1.12 greater than one year ago.