LA Gas Prices Hit Record High
Venice Beach News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gas prices in Los Angeles and Orange Counties hit record highs, surging past $5.60 per gallon, driven by escalating tensions with Iran and soaring crude oil benchmarks. The relentless increase has led to a full dollar rise in LA County and a $1.38 jump in Orange County over the past month. Households grapple with rising cost-of-living pressures, and experts warn of potential inflation and economic strain, despite the U.S. being a net oil exporter.
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