Gas Prices Up Nearly 60 Cents in One Month
BEVERLY HILLS, Calif. (KTLA) — Southern California drivers are feeling the pain at the pump, amid the biggest every one-month rise in gas prices.
The average price of a gallon of regular, unleaded gasoline in Los Angeles is $4.32.
That’s 11 cents higher than last week and 57 cents higher than it was last month.
In Orange County, the average price per gallon is $4.31, a jump of 59 cents since a month ago.
In the Inland Empire, you’ll pay an average of $4.38 for a gallon of regular gasoline — 58 cents higher than last month
And in Ventura, the average price is $4.30, again a jump of nearly 60 cents.
According to AAA, drivers in Los Angeles are now paying nearly as much as drivers on the island of Maui, which has never happened before.
Analysts say one of the reasons gas is so expensive in Southern California is partly because of the switch from the winter blend to the more expensive summer blend.
Refinery issues are also contributing to the rising prices at the pump.
Gas prices traditionally climb from February through Memorial Day, but ever this fast.
Some analysts predict that gas prices will peak in about April and then slowly come back down.