Community Corner
Rising Gas Prices Set Labor Day Record in Southland
The average price was unchanged Monday in L.A. County, ending a 10-day streak of increases that pushed the price up by 5.4 cents.
The average price of a gallon of self-serve regular gasoline in Los Angeles County set a Labor Day record Monday of $4.173, erasing the previous record of $3.958 set last year.
Analysts attribute the record to the Aug. 6 fire at the Chevron refinery in Richmond, CA, which reduced its refining capacity and supplies.
The all-time record is $4.626 set on June 21, 2008, when investors were bidding up the price for crude oil to a record high as the dollar was declining in value.
Find out what's happening in Beverly Hillswith free, real-time updates from Patch.
The average price was unchanged Monday, ending a 10-day streak of increases that pushed the price up by 5.4 cents, including four-tenths of a cent on Sunday, according to figures from the AAA and Oil Price Information Service.
The average price is 3.6 cents more than one week ago, 31.4 cents higher than one month ago and 23.7 cents greater than one year ago.
Find out what's happening in Beverly Hillswith free, real-time updates from Patch.
But beware if you're buying gas in Beverly Hills. Only one station in town is hovering near the average county price. The cheapest gas in Beverly Hills is currently at the station, 391 S. Robertson Blvd., which is charging $4.16 for a gallon of regular self-serve.
To see gas prices in Beverly Hills, check out Patch's commute page. You'll also find a real-time traffic map of the area.
