Gasoline Price Relief May Be Coming Soon

The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Wednesday for the seventh consecutive day, increasing nine-tenths of a cent to $4.407, but relief could be coming soon.

The wholesale price of California-blend gasoline on the New York Mercantile Exchange dropped nearly 30 cents per gallon earlier this week after maintenance was completed at refineries in Southern California and Northern California, which should lead to the end of record-low inventories which had caused the increases.

For the latest gasoline prices in Northridge, Chatsworth and Poter Ranch, click the Commute tab at the top of this page.

The average price is 17.9 cents more than one week ago, 16.5 cents higher than one month ago and 17.7 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.

The Orange County average price also rose Wednesday for the seventh consecutive day, increasing six-tenths of a cent to $4.389, 18.4 cents more than a week ago, 17.3 cents higher than one month ago and 18.2 cents greater than one year ago.

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