Local

Gas prices reach highs seen 8 months ago

By CBS LA Staff

/ CBS LA

Extreme heat hits prices at the gas pump

Gas prices in Los Angeles County Wednesday surpassed $5 for the first time since Nov. 30. The average price of a gallon of self-serve regular gasoline in the county is now $5.007.

It has been worse. The national average at $3.69 remains far from the record high of $5.02 a gallon last June.

This recent price increase is caused by two things according to experts: OPEC and Russia cutting production and extreme heat.

The heat worldwide has slowed some refinery operations, limiting the production of gasoline, diesel, and jet fuel.

Orange County's average price rose to its highest amount since Nov. 29, to $4.94 per gallon.

CBS LA Staff

The CBS LA Staff is a group of experienced journalists who bring you the content on CBSLA.com.

© 2023 CBS Broadcasting Inc. All Rights Reserved.

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