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Gas Prices Increased In LA, And Could Keep Truckin' Upward For A While
The nozzle of a gas pump at a gas station in Alhambra, CA (Photo by FREDERIC J. BROWN/AFP/Getty Images)
In addition to the high ticket price and astronomical cost of tent rentals, there may be yet another reason to watch Coachella from the comfort of your own home this year -- gas prices.
As of Monday, the cost for a gallon of gas hit $4.07 in some areas of Los Angeles and Long Beach. It's is the highest it's been since July 2015, and the price may keep climbing.
Marie Montgomery, a spokesperson for the the Automobile Club of Southern California, says the increase is a result of incidents at six refineries in California.
"Some refineries are dealing with a combination of planned and unplanned issues," she said. "Some it's just planned [issues], some it's just unplanned [issues]. It's a variety of different things."
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Those incidents, four of which happened at refineries in Southern California, include planned maintenance at Chevron in El Segundo and Marathon Los Angeles, an unspecified breakdown at Valero in Wilmington on March 31 and a fire that broke out at Phillips 66 in Carson on March 15, from which the refinery is still recovering.
Gas prices have been inching up since March 6, and it looks like they might continue to rise, according to Montgomery; a Los Angeles-based plant that provides hydrogen to local refineries also had a breakdown on Sunday.
"If that causes [refineries] to have to go elsewhere for their hydrogen, that could be an additional cost," she says. "So for the immediate future, it's not looking good."
Nevertheless, "refiners are in the business of making money," she adds, and demand for gasoline is highest in the summer. That means that refineries and plants will likely work to resolve these issues as quickly as possible.
"We would expect that by May, most of these issues would be resolved," Montgomery says. "Whether that happens, we don't know."
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But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
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