Gas Prices In LA County Rise For First Time In 57 Days
Gas prices have just risen in Los Angeles County for the first time in a whopping 57 days. The streak of non-increases ended Friday, when the average price of a gallon of self-serve regular gas in LA County rose six-tenths of a cent to $3.698.
Friday’s increase was the first since May 16, when gas prices in Orange County rose 1.1 cents to $3.654.
A 53-day streak of decreases had initially come to an end on Monday, when the average price stayed static. On Tuesday, Wednesday and Thursday, it fell again.
Despite the fresh increase, the average gas price has still decreased 71.5 cents during the streak. The price had fallen to its lowest amount since January 4, according to the AAA and Oil Price Information Service.
Even with Friday’s slight bump, the average price is 2.4 cents less than one week ago, 38.3 cents lower than one month ago and 10.1 cents below what it was one year ago.
Such a lengthy run of decreases is unusual, if not completely unheard of – to beat it, you’d have to go back to late-2008, when a 91-day streak from September 17 – December 16 took place.
LA County’s rise is in line with the nationwide average, which rose by 5 cents a gallon, to $3.38, in the last week.
[Image via Shutterstock]
