The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Friday for the 22nd consecutive day, increasing 1.9 cents to $4.222, its highest amount since Oct. 28 and the highest in the state.
The average price has increased 47.2 cents during the 22-day streak, the longest since a 27-day-long period of price increases from Feb. 7-March 4, 2012, according to figures from the AAA and Oil Price Information Service.
The average price is 10 cents more than one week ago, 52.8 cents higher than one month ago and 30.8 cents greater than one year ago. However, relief could soon be on the way, according to Jeffrey Spring of the Automobile Club of Southern California.
"Los Angeles wholesale gasoline prices have been relatively stable for the past two weeks and if that continues, we should expect pump prices to stop climbing soon,'' Spring said.
- From City News Service