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Gas station in Los Angeles at Fairfax Avenue and Olympic Boulevard. | Photo courtesy of Chris Yarzab/Wikimedia Commons (CC BY 2.0)
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The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Friday for the 24th consecutive day, increasing 1.8 cents to a record $5.907.
The average price has increased $1.12 during the streak, including 1.3 cents Thursday, setting a record each day, according to figures from the AAA and Oil Price Information Service. It is 10.5 cents more than one week ago, $1.126 higher than one month ago and $1.988 greater than one year ago.
The Orange County average price rose for the 27th consecutive day, increasing 1.7 cents to a record $5.868. It has risen $1.108 during the streak, including nine-tenths of a cent Thursday.
The Orange County average price is 9.4 cents more than one week ago, $1.107 higher than one month ago and $1.966 greater than one year ago.
“The Torrance PBF refinery is having issues restarting a key unit that went offline after a March 6 power outage and that supply issue is continuing to put upward pressure on gas prices locally,” said Doug Shupe, the Automobile Club of Southern California‘s corporate communications manager.
The Los Angeles County average price has risen 7.1 cents over the past three days after increasing by 1.2 cents the previous two days while the Orange County average price has risen 6.8 cents over the past three days after increasing by two-tenths of a cent the previous two days.
