The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Tuesday for the 14th consecutive day, increasing eight-tenths of a cent to $5.742.
The average price has risen 11.2 cents over the past 14 days, including four-tenths of cent Monday, according to figures from the AAA and Oil Price Information Service. It is 6.9 cents more than one week ago, 4.5 cents higher than one month ago and $1.114 greater than one year ago.
The average price has increased $1.06 since the start of the joint U.S./Israel attack on Iran on Feb. 28, which sent oil prices higher and drastically accelerated increases at the gas pump.
The Orange County average price also rose for the 14th consecutive day, increasing 1.9 cents to $5.738. It has risen 16.3 cents over the past 14 days, including two-tenths of a cent Monday.
The Orange County average price is 9.3 cents more than one week ago, 7.1 cents higher than one month ago and $1.131 greater than one year ago. It has increased $1.102 since the start of the attack on Iran.
The national average price rose 1.5 cents to $4.094, one day after increasing two-tenths of a cent. It is one-tenth of a cent less than one week ago and six-tenths of a cent lower than one month ago, but 90.5 cents more than one year ago.
The national average price has increased $1.113 since the attack on Iran. It is at its highest amount this late in the calendar year, according to Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations.
“Average gasoline prices fell in slightly more than half of states over the last week while diesel declined in roughly half, as oil prices moved lower and offered some modest relief at the pump,” Haan said in a statement released Monday.
“Over the weekend, the Trump administration struck a major deal with Venezuela, a signal that the White House remains concerned about elevated fuel prices — though in reality, any benefits from increased Venezuelan output will take years to fully materialize and are unlikely to move the needle in the near term.
“The factors with the most immediate impact on where prices go from here remain the ongoing developments between the U.S. and Iran and continued Ukrainian attacks on Russian oil refineries, both of which continue to exert outsized influence on global fuel markets. Motorists should expect continued volatility in the weeks ahead.”