LA gas prices continue steady rise, cross the $5.90 mark again

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LA gas prices continue steady rise, cross the $5.90 mark again
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The national average price rose 1.4 cents Friday to a record $4.43.

The price rose 2.2 cents over the last 24 hours, the largest daily increase since Feb. 25, according to the latest numbers from AAA. The average price is 6.7 cents more than one week ago, 8.7 cents higher than one month ago and $1.75 greater than one year ago. It is still 15 cents less than the record high of $6.07 set on March 28.

"The Phillips 66 Wilmington refinery has been undergoing planned maintenance for nearly a month, keeping upward pressure on local prices, according to Oil Price Information Service," said Doug Shupe, a spokesperson for AAA. Gas prices have been on the rise since the Russian invasion of Ukraine began in March. The invasion has continued to destabilize energy markets worldwide.

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