Gas prices in U.S. Los Angeles set 11 new records in 12 days-Xinhua

Gas prices in U.S. Los Angeles set 11 new records in 12 days

Source: Xinhua

Editor: huaxia

2022-02-16 06:26:15

Gas prices are displayed at a gas station in Los Angeles, California, the United States, on Nov. 15, 2021. (Photo by Zeng Hui/Xinhua)

The average price of gas per gallon in Los Angeles is now 9.7 cents higher than one month ago and 1.22 dollars more than one year ago.

LOS ANGELES, Feb. 15 (Xinhua) -- The average price of gas in Los Angeles reached 4.772 U.S. dollars per gallon on Tuesday, setting a new record for the most populous county in California and the United States for the 11th time in 12 days, local media reported.

The average price of a gallon of self-serve regular gasoline in the county has risen 10.4 cents over the past 16 days, including three-tenths of a cent on Monday and seven-tenths of a cent on Tuesday, City News Service, a regional wire service covering Southern California, reported, citing data from the American Automobile Association (AAA) and Oil Price Information Service.

The average price of gas per gallon in the county, home to over 10 million residents, is now 9.7 cents higher than one month ago and 1.22 dollars more than one year ago.

California is now the state with the highest average cost for gas in the United States. The average price of a gallon of gas in the state is currently more than a dollar above the national average.

Gas prices across the United States climbed steadily in the past year. The national average for a gallon of gas in the country was 3.48 dollars on Monday, which was 18 cents more than a month ago and 98 cents more than a year ago, said the AAA in a news release.

People fuel vehicles at a gas station in Los Angeles, California, the United States, on Nov. 15, 2021. (Photo by Zeng Hui/Xinhua)

The organization noted that moderating winter weather and optimism over a potential fading of the Omicron variant have led to an increase in gas demand.

"More drivers fueling up here coupled with a persistent tight supply of oil worldwide provides the recipe for higher prices at the pump," said AAA spokesperson Andrew Gross in the release. "And unfortunately for consumers, it does not appear that this trend will change anytime soon." 

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