O.C. gas prices rise during holidays | Irvine Real Estate | Irvine Homes for Sale

by Robert Mack on December 23, 2010

in Latest News

The average price of a gallon of self-serve regular gasoline in Orange County is $3.27 – the highest in OC during Christmas time, according to AAA and Oil Price Information Service figures.

The higher prices are the result of rising crude oil prices, said Marie Montgomery of the Automobile Club of Southern California.

“More oil is being used than is deemed produced on a daily basis,” Montgomery said.

The Orange County average price is 12.7 cents more than a month ago and 35.6 cents more than a year ago, according to AAA and Oil Price Information Service figures. Click here for chart of the entire year’s prices.

Officials with the Automobile Club of Southern California said holiday travelers will be paying some of the highest gas prices of the year during their getaways, with local fuel price averages near $3.30 a gallon.

According to orangecountygasprices.com, a Web site that allows users to track local gas prices, the cheapest gas in the county can be found for $3.11 at the ARCO station at 5472 Orangethorpe Avenue and Walker Street in La Palma.

The most expensive gas goes for $3.65 at the 76 station at 27164 Ortega Highway and the 5 freeway in San Juan Capistrano, according to the site.

Posted on Irvine Orange County Real Estate Market News

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