Southland Gasoline Prices Record Largest Daily Hikes

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County recorded its largest daily increase since May 12 today, rising 5.8 cents to $4.259 -- its highest amount since June 1.

The average price has increased by more than 1 cent on each of the past five days and is 11.6 cents more than a week ago, 8.6 cents higher than a month
ago and 41.8 cents greater than at this time last year, according to figures
from the AAA and Oil Price Information Service.

The Orange County average price also recorded its largest daily increase since May 12, rising 5.9 cents to $4.236, its highest amount since May 31. It has also risen by more than 1 cent for five consecutive days and is 12.4 cents more than one week ago, 8.1 cents higher than one month ago and 42.6 cents greater than one year ago.

The increasing prices are the result of supply issues, stemming from reported increases in West Coast refinery exports to Mexico and the continued closure of the Chevron refinery in Richmond because of a major fire Aug. 6, the Automobile Club of Southern California's Marie Montgomery Nordhues told City News Service.

From City News Service

To find out what is the cheapest gas in South Gate or Lynwood area click here.

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