Gas Prices Hit Record Highs: Soar Past June High

Gas prices hit a record high in Los Angeles County of $6.466 per gallon on Monday morning, eclipsing the record set in the spring.

Per ABC affiliate KABC-7 reported:

The average price of a gallon of self-serve regular gasoline in Los Angeles County rose seven-tenths of a cent to a record $6.466 Monday, topping the previous high of $6.462 set June 14.

The average price has risen 31 consecutive days, increasing $1.22, including 1 cent Sunday and 15.3 cents Thursday, the largest daily increase since the record 19.2-cent hike on Oct. 5, 2012, according to figures from the AAA and Oil Price Information Service.

The streak of increases follows a run of 78 decreases in 80 days totaling $1.216 that began June 15, one day after the average price rose to a record $6.462.

While the Biden White House has spent a large part of the summer taking victory laps for the lowered gas prices. This is despite the prices still being much higher than when Biden took office.

California Governor Gavin Newsom announced that gas stations will be able to sell “winter blend,” which produces more of the emissions the state wants to restrict, several weeks ahead of schedule.

Trending Political News

Ruling Made on George Floyd Posthumous Pardon for Texas Drug Conviction

Leave a Reply

Your email address will not be published.

Our Privacy Policy has been updated to support the latest regulations.Click to learn more.×