Gas prices surging in Los Angeles County as motorists feel the impact.
Los Angeles County is facing a significant increase in gas prices, with the average price per gallon reaching nearly $4.93. The rise is attributed to multiple factors including the transition to summer blend gasoline and refinery shortages. Despite higher prices, current rates are lower than last year. Nearby Orange County shares similar trends, and averages nationally have shown minor fluctuations. Experts advise motorists to maintain their vehicles and shop for lower prices amidst these hikes.
Los Angeles County is experiencing a noticeable surge in gas prices, leaving many motorists feeling the pinch at the pump. As of now, the average price of a gallon of self-serve regular gasoline stands at 4.927 dollars. This marks the highest price since June 6, and it has caught the attention of commuters and road trippers alike.
The state of California is not far behind, as the average gas price has reached 4.95 dollars, which is an increase of 20 cents since last week. While these increases might feel overwhelming, it’s worth noting that current prices are actually 32 cents lower than they were this time last year. Still, it’s easy to feel anxious when visiting the gas station lately.
So why the sudden uptick? According to experts, multiple factors are contributing to this rise. Firstly, the transition to summer blend gasoline—which typically costs more—has been a key player. As the weather warms up, more folks are planning long road trips and vacations, boosting gas demand. Additionally, ongoing shortages at refineries have complicated matters, resulting in fewer supplies available to meet the growing demand.
The average price of gas has jumped 14 times in the past 15 days, totaling an increase of 27.8 cents. In just the past week alone, prices gone up by 16.3 cents, and 19 cents since last month. Still, gas prices are currently 35.7 cents lower than a year ago, giving some silver lining to the situation.
Moving a bit further south, Orange County is also feeling the heat, with an average price holding steady at 4.889 dollars. This has become the highest rate since June 3, with prices escalating by 28.6 cents over the past ten days. Compared to a week ago, Orange County has climbed by 15.2 cents and 19.4 cents since last month, but it remains 37 cents lower than last year.
On a national scale, the average gas price saw a minor decline of six-tenths of a cent to 3.262 dollars. The national average had been rising for 11 of the previous 12 days. Despite this, it is still 10.3 cents higher than last week and 15.5 cents higher than a month ago. However, when compared to last year, it is 32 cents lower—so perhaps there’s hope on the horizon!
For those hitting the road, maintaining vehicles is crucial in ensuring efficiency at the pump. Motorists are advised to shop around and look for lower gas prices in their area. While it may feel like prices are soaring, being diligent can save drivers a few bucks amidst the rising costs.
This refinery maintenance is aligning with the transition to summer gasoline blends, adding an extra 15 to 20 cents per gallon to the costs. Market analysts are keeping an eye on these changes, and gas prices are expected to rise even more in California in the coming weeks.
So, buckle up, Southern California! It seems your road trips might cost a bit more this season. Stay informed, shop smart, and happy driving!
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