Gas Prices Increase for 20th Straight Day

The average price for a gallon of gasoline in Los Angeles continues to rise.

The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today for the 20th consecutive day, increasing 1.6 cents to $4.185, its highest amount since Oct. 30 and the highest in the state.

The average price has increased 43.6 cents during the streak, the longest since a 20-day streak from July 28-Aug. 16, according to figures from the AAA and Oil Price Information Service.

The average price is 12.7 cents more than one week ago, 49.5 cents higher than one month ago and 30.9 cents greater than one year ago.

The increasing prices are the result of reduced supplies caused by low levels of production in Southern California stemming from refinery maintenance, according to Jeffrey Spring of the Automobile Club of Southern California.

Skip Stein February 14, 2013 at 02:56 PM
OR, ANOTHER EXCUSE TO RIP US OFF!!! The US oil refineries continue to make hugh profits while receiving government subsidies. And, we as consumers take it in the shorts. Enough is enough! When is the Congress going to do something about this continual rip off?


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