California gas prices increased once more, but it was not as dramatic as the rise in California days before.
The average price of a gallon of self-serve regular gasoline in Los Angeles County rose 1.8 cents Friday to $5.802 after back-to-back increases of 13.3 cents, its second-largest increase since July 14, 2015.
Find the lowest gas prices near you.
Oil prices have seen a slight increase in price since March 1, but this is due to oil prices dropping Wednesday, Doug Shupe, Automobile Club of Southern California’s corporate communication and programs manager.
One sign in downtown Los Angeles had displayed prices exceeding $7 per gallon the day before. At several locations, premium prices have exceeded that mark.
Friday Gas Price Check in LA
- Shell station at Temple and Alvarado in EchoPark – 6.29
- Mobil station Sunset and Bronson, Hollywood – $5.95
- This is a great deal! A Shell station at Sunset or Wilton in Hollywood — $5.65
According to the U.S. Energy Information Administration (USAEIA), crude oil costs account for about half of the pump prices.
“However, locally there appears to be an issue with the Torrance PBF refinery after a power outage has caused five days of ‘unplanned flaring’ there, which is a sign of a breakdown that could disrupt gas supply,” Shupe said. “It is still to be seen if this will continue to drive up pump prices even as oil prices drop.
According to the AAA and Oil Price Information Service figures, the average price has increased 17 consecutive days. This increase in price has resulted in $1.015 more and 17 new records. It is now 65 cents higher than one week ago, $1.052 more than one month ago, and $1.956 higher than one year ago.
Orange County’s average price rose by 1.7 cents, to $5.774, the smallest increase since March 1. It has risen for 20 consecutive days, increasing $1.014 including Thursday’s 11.3c, and setting 20 new records.
Orange County’s average cost of living is $63.93 more than one-week ago, $1.05 more than one month ago, and $1.939 less than one year.