The Orange County average price of a gallon of self-serve regular
gasoline rose two-tenths of a cent today to $4.375, its highest amount since July 23, 2008. It is 1.3 cents more than one week ago, 52.9 cents higher than a month ago and 44.6 cents greater than a year ago.
Following a decrease of two-tenths of a cent early last week that ended a 27-day streak of rising prices, the average price has increased five of the last six days, including eight-tenths of a cent on Saturday.
“It’s a slight relief to drivers that prices have not continued to spike for the fourth straight week,” said Auto Club spokesperson Jeffrey Spring. “However, prices are not dropping yet, either, and the only other time that Southern California gas prices were this high was in June and July of 2008.”
- City News Service