The average price of a gallon of self-serve regular gasoline in Los Angeles and Orange counties topped $6/gallon for the first time since mid-October on Tuesday.
The Los Angeles County average price rose 11.2 cents to $6.027, its first time over $6 since Oct. 18, while the Orange County average price rose 11 cents to $6.022, its first time over $6 since Oct. 16, according to figures from the AAA and Oil Price Information Service.
It is 47 cents more than one week ago, 69.8 cents higher than one month ago and 59.3 cents above what it was one year ago. It has dropped 46.7 cents since rising to a record $6.494 on Oct. 5. Prices in Riverside County followed a similar trend, rising 5.4 cents to $5.746. It's steadily increased in 52 of the past 58 days. According to figures from the AAA and Oil Price Information Service, the average price is 35.9 cents more than one week ago, 57.2 cents more than one month ago, and 43.7 cents more than one year ago. It has dropped 62.7 cents since rising to a record $6.373 on Oct. 5.
"Refinery issues in Southern California have led to lower inventory which is putting upward pressure on pump prices as well," Shupe said.
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