LA gas hits $4.54, rising 10 days in a row

The mean terms of a gallon of self-serve regular gasoline successful Los Angeles County roseate contiguous for the 10th consecutive day, expanding 1 cent to $4.535, its highest magnitude since Oct. 19, 2012.

The mean terms has accrued 9.4 cents implicit the past 10 days, including 1.4 cents Wednesday, according to figures from the AAA and the Oil Price Information Service. It is 8.4 cents much than 1 week ago, 13.4 cents higher than 1 period agone and $1.354 greater than 1 twelvemonth ago

The grounds terms is $4.705 acceptable connected Oct. 9, 2012.

The Orange County mean terms roseate for the ninth clip successful 10 days, expanding a half-cent to $4.504, its highest magnitude since Oct. 19, 2012. It has risen 10 cents implicit the past 10 days, including 1.8 cents Wednesday

The Orange County mean terms is 9.1 cents much than 1 week ago, 14.7 cents higher than 1 period agone and $1.357 greater than 1 twelvemonth ago.

The Orange County grounds terms is $4.69 acceptable connected Oct. 8, 2012.

The rising state prices are caused by precocious crude lipid prices. The terms of a tube of West Texas intermediate crude for November transportation connected the New York Mercantile Exchange roseate 91 cents Wednesday to $83.87, its highest colony terms since Oct. 13, 2014.

The crude lipid terms has accrued 134.34% from its 52-week debased of $35.79 connected Oct. 30, 2020, due to the fact that of higher request pursuing the elimination of coronavirus-related restrictions.

Crude lipid costs relationship for somewhat much than fractional of the pump price, according to the U.S. Energy Information Administration.