Gas prices in L.A., Orange counties set Labor Day records for 2nd consecutive year
The average prices of a gallon of self-serve regular gasoline in Los Angeles and Orange counties were at record highs for Labor Day Monday for the second consecutive year thanks to increases earlier in the year related to Russia's invasion of Ukraine.
The average prices rose steadily to record highs in June after Russia's invasion of Ukraine on Feb. 24 "sent shock waves through the oil market that have kept oil costs elevated," said Andrew Gross, an AAA national public relations manager. The Los Angeles County average price rose Monday for the third consecutive day after decreasing 78 of the previous 80 days to its lowest amount since March 4, increasing a half-cent. It is eight-tenths of a cent more than one week ago and 88.3 cents higher than one year ago but 26.3 cents less than one month ago.
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