A Look at How Gas Prices in Southern California Have Changed Over the Past Week, Month, and Year
Fuel Prices Reach New Heights in Los Angeles County
The average price of regular gasoline in Los Angeles County has surged to its highest level in years, reaching $5.407 per gallon as of Thursday. This marks an increase of 82 cents over the past month alone.
This new price point is the highest since October 29, 2023. In California, the statewide average also saw a climb, now at $5.368 per gallon, notably higher than the national average of $3.598.
One month prior, the statewide average was significantly lower at $4.545, and a year ago, it was $4.681. Comparatively, the highest recorded average price in California occurred on June 14, 2022, when it hit $6.438.
Coastal counties are experiencing some of the steepest fuel costs. Areas such as San Luis Obispo ($5.538), Monterey ($5.541), and Marin ($5.639) have reported elevated prices, while northeastern counties like Modoc ($5.056) and Lassen ($5.015) are among the lowest in the state.
The following is a county-by-county overview of current fuel prices in Southern California, illustrating the changes over the past week, month, and year:
Los Angeles County
Current: $5.407
One week ago: $4.880
One month ago: $4.577
One year ago: $4.677Orange County
Current: $5.366
One week ago: $4.841
One month ago: $4.497
One year ago: $4.637Riverside County
Current: $5.292
One week ago: $4.771
One month ago: $4.431
One year ago: $4.513San Bernardino County
Current: $5.292
One week ago: $4.768
One month ago: $4.419
One year ago: $4.525Ventura County
Current: $5.349
One week ago: $4.820
One month ago: $4.518
One year ago: $4.670
According to the International Energy Agency, the ongoing conflict in Iran is contributing significantly to global oil supply disruptions, describing it as "the largest supply disruption in the history of the global oil market." The agency noted that oil transport through the Strait of Hormuz has diminished markedly, affecting global oil prices directly.
Iran has issued threats against U.S., Israeli, or allied vessels navigating the strait, which is key for global oil transportation. In an effort to mitigate the resulting supply constraints, the agency announced the release of 400 million barrels of oil earlier this week, labeled as a "stop-gap measure."
In California, gasoline is mixed to include 90 percent petroleum-based fuel and 10 percent ethanol, as mandated by the California Air Resources Board. Over 90 percent of the fuel consumed in the state is sourced from local refineries, according to the California Energy Commission.
