LOS ANGELES (CBS) — Soaring gas prices are giving drivers a new round of pain at the pump.
Fuel prices have risen 25 of the past 26 days in Los Angeles and Orange counties, according to AAA.READ MORE: Ladera Ranch HOA Refuses To Allow Pride Event At Neighborhood Park
At an average of $4.06 a gallon, prices are at their highest point since last summer.
CBS2’s Kara Finnstrom reports that a gallon of self-serve regular unleaded gasoline is $4.93 a gallon at a Shell station in the Miracle Mile district.READ MORE: Long Beach Acura Grand Prix To Return In Sept. With Full Crowds
It’s not unusual to have price jumps in February, but AAA and the Oil Price Information Service say gas prices were already at record highs.
Motorists across the Southland say they are not only checking prices, but they are also doing their best to conserve gas.MORE NEWS: Pride Celebrations To Mark Its 51st Year In Los Angeles
Analysts say prices are on the rise due to escalating tensions with Iran over its nuclear program, as well as the closings of several California refineries for maintenance.