LOS ANGELES—Gas price increases are expected in a few weeks with the start of the traditional “spring spike” season that typically brings increases averaging 50 cents a gallon, according to an Automobile Club of Southern California spokesperson.
The average price of a gallon of self-serve regular gasoline in Los Angeles County increased reached $4.67 on Jan. 24.
That price is $1.27 higher than one year ago, according to figures from the AAA and Oil Price Information Service.
“Not counting 2020, when the pandemic shut down gas demand, the typical Los Angeles spring gas price spike since 2017 is about 54 cents per gallon, ranging from a low of 21 cents in 2017 to a high of 86 cents in 2019,” according to Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.
“Given the lack of relief in pump prices due to continued high oil prices, it’s increasingly likely that Southern California gas prices will reach new record highs sometime in the next few months.”
The Orange County average price decreased four-tenths of a cent to $4.65. That’s six-tenths of a cent less than one week ago, 1.2 cents more than one month ago, and $1.269 higher than one year ago.
The Los Angeles County average price has dropped 4.4 cents since hitting a record high of $4.716 on Nov. 27, and the Orange County average price has decreased 3.9 cents since rising to $4.689 on Nov. 26, one-tenth of a cent less than the record set on Oct. 8, 2012.