$7 a gallon for regular gasoline? At least 1 gas station in LA is getting close to that mark

"That's insane," said one driver. "I don't think we've ever paid that ... ever."
Sunday, March 6, 2022
LOS ANGELES -- The average price of a gallon of self-serve regular gasoline in Los Angeles County rose to $5.247 on Saturday, but some gas stations in the area have even higher prices.

The Shell gas station located at Olympic Boulevard and Fairfax Avenue in Mid-City was advertising regular unleaded at $6.99 a gallon. The price for premium was listed at $7.29 a gallon.

Each of the three highest increases since July 14, 2015, have occurred over the past three days.

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"My husband told me and was like '$6' and I was like, 'What?!'" said Joana Esparza, who was pumping gas early Sunday morning. "I think I put gas last week sometime and it was still four-something. So I was just like, 'We need to go electric.' I think we need to already because that's insane. I don't think we've ever paid that ... ever."

Meanwhile in the Bay Area, gas prices continue to rise. In San Francisco, the average price for regular unleaded is $5.408 as of Sunday, according to AAA.

In San Jose, the current average for regular unleaded is $5.33. In Oakland, it's $5.34.

ABC7's Julian Glover tweeted a picture Sunday morning of gas prices in Oakland the day before, comparing them to February 24.



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Up in the North Bay, in Napa, the regular-unleaded average is $5.45, according to AAA data.

Patrick De Haan, head of petroleum analysis at Gas Buddy on Friday, gave ABC7 a sign of what's to come.

"There will be more increases coming, maybe to the tune of another 20-30 cents a gallon. I do expect the national average in the United States will hit the $4 a gallon mark. That's less than 2-3 weeks away," he says.

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De Haan explains about 80 percent of the gas price increase is impacted by the crisis in Ukraine. The other 20 is because of the transition to summer gas prices.

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