"Record-breaking Gas Prices Hit Los Angeles, Soaring Near $6 per Gallon"

1 min read
Source: KTLA Los Angeles
"Record-breaking Gas Prices Hit Los Angeles, Soaring Near $6 per Gallon"
Photo: KTLA Los Angeles
TL;DR Summary

Gas prices in the Los Angeles area have surged to almost $6 per gallon, with the average price reaching $5.92. This is a 5-cent increase from the previous day and nearly 40 cents higher than a week ago. The national average is $3.88 per gallon. High oil costs, with prices hovering around $90 per barrel, are keeping gas prices elevated, although demand is lower. Prices may gradually decline as fall approaches, according to AAA. However, they still have a way to go before reaching the record highs of $6.49 per gallon seen a year ago.

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