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Home / News / Business / As national average gasoline price drops, SoCal prices spike

As national average gasoline price drops, SoCal prices spike

by City News Service
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The average price of a gallon of self-serve regular gasoline in Los Angeles County rose to its highest amount since Nov. 18 Saturday, increasing 1.7 cents to $5.392, one day after remaining unchanged.

The average price has increased 37 of the past 41 days, rising 41.7 cents, according to figures from the AAA and the Oil Price Information Service. It is 3.3 cents more than one week ago, 26.7 cents higher than one month ago and 14.3 cents above what it was one year ago.

The average price has dropped $1.105 since rising to a record $6.494 on Oct. 5.

The Orange County average gasoline price rose to its highest amount since Nov. 16, increasing 2.3 cents to $5.339, one day after dropping two-tenths of cent. It has risen 28 times in 33 days, increasing 31.5 cents.

The Orange County average price is 4.5 cents more than one week ago, 28.1 cents higher than one month ago and 16.5 cents above what it was one year ago. It has dropped $1.12 since rising to a record $6.459 on Oct. 5.

The average gasoline price in Riverside County rose 1.9 cents to $5.281, its highest amount since Nov. 18, one day after recording its largest decrease since June 24, eight-tenths of a cent.

The average price has risen 38 of the past 42 days, increasing 43.9 cents, according to figures from the AAA and the Oil Price Information Service. It is 2.7 cents more than one week ago, 28.6 cents higher than one month ago and 15.3 cents above what it was one year ago.

The average price has dropped $1.092 since rising to a record $6.373 on Oct. 5.

The average gasoline price in San Diego County rose for the 37th time in 40 days, increasing 1.1 cents to $5.377, its highest amount since Nov. 18.

The average price has increased 42.8 cents over the past 40 days, according to figures from the AAA and the Oil Price Information Service. It is 2.1 cents more than one week ago, 27.8 cents higher than one month ago and 15.5 cents above what it was one year ago.

The San Diego average price has dropped $1.058 since rising to a record $6.435 on Oct. 5.

The national average gasoline price dropped three-tenths of a cent to $3.815, after decreasing by seven-tenths of a cent and two-tenths of a cent the previous two days. It is a half-cent less than one week ago but 1.2 cents more than one month ago and six-tenths of a cent higher than one year ago.

The national average price has dropped $1.201 since rising to a record $5.016 on June 14, 2022.

“With visits to the pump rather flat and the price of oil hovering around the $80 per barrel mark, the national average for a gallon of gas will likely stay where it is through this holiday weekend,” Andrew Gross, an AAA national public relations manager, said in a statement.

“Hurricane Idalia may cause regional price jumps due to station damage, flooded roads, and power outages, but as in past years, these things are usually fixed in a few weeks.”

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