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SoCal Gas Prices Soar

Gasoline prices are recorded at the largest daily hikes since May 12.

 

The average price of a gallon of self-serve regular gasoline in Los Angeles County on Wednesday recorded its largest daily increase since May 12, rising 5.8 cents to $4.259 -- its highest amount since June 1.

The average price has increased by more than 1 cent on each of the past five days and is 11.6 cents more than a week ago, 8.6 cents higher than a month ago and 41.8 cents greater than at this time last year, according to figures from the AAA and Oil Price Information Service.

  • To find the lowest gas prices in Agoura, click onto our "Commute" link at the top of the page.

The increasing prices are the result of supply issues, stemming from reported increases in West Coast refinery exports to Mexico and the continued closure of the Chevron refinery in Richmond because of a major fire Aug. 6, the Automobile Club of Southern California's Marie Montgomery Nordhues told City News Service.

Lew Meyers October 03, 2012 at 07:00 PM
what benefits are the Americans are going to receive if the republicans want us to be self sufficient by producing more oil domestically and continue to sell oil to the highest foreign bidder for a greater profit. We will continue to be paying high prices at the pump unless the government sets an allocation to the lower prices domestically. Let us not spoil the environment for big oil There is enough oil to pump domestically to be self sufficient for many years to come and it is time to appropriately tax big oil Lew H.

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