Gas Prices Reach Record Highs In Orange, Los Angeles Counties
COSTA MESA (CBSLA) — It's only February, but gas prices in Orange County have reached a record high.
The average price of self-serve regular in Orange County has reached $4.70 a gallon, beating the previous record set in 2012.
That has given way to a shocking sight -- $4.99 a gallon for regular gas at a Chevron station in Costa Mesa. It's the most expensive price for regular gas in Orange County, but John Doidge says he was only there because he only needed a couple of gallons, and it was the closest station to home.
"It's all about convenience. I just needed a couple of gallons for the lawnmower, get it here real quick," he said.
For that convenience, he paid $25 for just five gallons.
The weather is still cool and blustery, but gas prices are already approaching summer highs. The average price of self-serve regular in Los Angeles County is at $4.72 – tying the record price set in November -- while Ventura County prices are right up there with Orange County. In the Inland Empire, gas prices are up to $4.65.
According to the U.S. Bureau of Labor Statistics, gas prices increased almost 50% from December 2020 to December 2021.
"Today, really expensive," Ariana Garcia said. "I think with like having four kids, we're always driving to practices, and to school... It's just a lot of money that's going to gas."
Experts say there are a number of factors pushing gas prices up so early.
"We see record oil prices that are contributing to this high price, and also, the local refineries started shipping their summer-blend of gasoline this week, and that always traditionally pushes up prices," Marie Montgomery of the Auto Club said.
Gas prices are not the only commodities increasing with food prices up almost 7% compared to December 2020. Industry expert Phil Lempert said a combination of global warming, labor shortage and transportation issues have led to the rise in prices.
"We're going to see price increases and shortages for the next 12 to 18 months," said Lempert.
Lempert recommends consumers shop smart and save money by purchasing store-brand items.
"Use the store's own brands," said Lempert. "Own brands today are 10 to 20% less. The quality has improved dramatically over the last five years."
He also recommends using a store's app rather than cutting coupons.
"They're not stealing information or your data," he said. "Just give them your phone number, and you can save, five, ten — even $15 every time you go shopping."
Finally, Lempert encouraged shoppers to make a list to avoid buying more items than they intended.
"If you're a high impulse shopper draw three lines on your shopping list and limit it to three impulse items," he said.