Business & Economy

Gas prices have risen in some parts of Southern California — here's why

Frederic J. Brown/AFP/Getty Images

Just when gas prices were going down in parts of the state, now they've shot back up. In Los Angeles County, for the sixth time in a week, the price for a gallon of regular gas has risen. It now sits at $2.95.  

This comes as a surprise as there's usually a drop in prices when the winter blend of gasoline begins. Jeffrey Spring, spokesman for the Automobile Club of Southern California, said the slight kick up in oil prices could be related to comments from the federal government

"We expected prices to continue downward based on the price of oil and other issues in the region," Spring said. "The federal government talked about selling some oil from the strategic petroleum reserve last week. That seemed to kick up oil prices for a day or two, which then seemed to kick up wholesale prices for a bit, which then kicked up retail prices."

Residents shouldn't be too worried — prices are already starting to go down, Spring said. While wholesale prices increased about 12 cents a gallon in a week, "now it's down about 10 cents a gallon," he said.

Some parts of SoCal have already seen slight drops. In Orange County, gas prices have gone down by a tenth of a penny, he added.

But L.A., Riverside and San Bernardino haven't been so lucky. Prices are still going up a bit in those areas.  "We expect that'll change by next week," Spring said. 

With the holiday season around the corner, gas prices might not change much, Spring said. "We would think that prices would stay about this level, but it all kind of depends on what the refineries do," he said.