Business & Tech
Gas Prices Saw Largest Spike of the Year This Week, But Here Are Your Local Deals
Gas prices jumped by almost ten cents in one week due to unrest in the Mideast.
Gas prices went from a steady climb to a dramatic spike this week.
Local gas prices jumped by more than a dime in the year’s worst single week of gas price hikes, according to the Automobile Club of Southern California’s Weekend Gas Watch.
In Los Angeles, the average price of a gallon of regular gas is $3.53 - that's 11 cents more than last week.
“Imported crude oil is trading at $100 a barrel or more right now, and California refineries are using more imported oil as Alaska oil production has dropped,” said Auto Club spokesperson Jeffrey Spring. ”Concerns about worldwide inflation as well as unrest in the Middle East are combining to push foreign oil and local gas prices higher.”
The stations currently selling the cheapest gas in the Cerritos and Artesia areas are listed below. Local prices are according to GasBuddy.com and reflect prices reported within the last 24 hours.
ARCO 12157 Artesia Blvd. & Norwalk Boulevard
- Regular – $3.39
- Premium – $3.59
- Regular – $3.31
- Premium – $3.51
Shell at 12215 South St. & Norwalk Boulevard
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- Regular – $3.45
- Premium – $3.69
Shell at 17325 Pioneer Blvd. & Artesia Boulevard
- Regular – $3.51
- Premium – $3.71
* MarieSam Sanchez contributed to this report.
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