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Gas prices in California surge to almost highest level of 2023

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Gas prices in Southern California shot up at their fastest rate of the year last week, according to data released by the American Automobile Association (AAA).

A gallon of regular self-serve gasoline costs an average of $5.62 in the Los Angeles-Long Beach metro area as of Thursday. That is up 18 cents from last week and 38 cents from last month.

The national average price is nearly $2 less, $3.86, up 6 cents from a week ago.

AAA officials blamed both regional and global factors for high prices, including the floods in Libya.

In the San Diego metro area, the average price for a gallon of gas is $5.60, and in Riverside, $5.50. Both of those figures are up 17 cents from last week and 39 cents from last month.

On the Central Coast, a gallon will cost drivers an average of $5.53, 14 cents higher than a week ago and 38 cents more than last month.

It remains unclear when drivers might feel relief, but AAA officials said last month that California has increased oil stockpiles and imports, which may drive down wholesale prices soon.

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