Gas prices nudge EIGHT DOLLARS a gallon in LA as drivers form huge lines outside Costco gas stations nationwide and average prices hit all-time high of $4.25

  • Average price of gasoline hit set a new record high for the second day in a row Wednesday, hitting $4.252
  • Drivers are now seeking out deals and stockpiling gas in anticipation of prices rising even further
  • At Costco gas stations and other discount retailers, huge lines formed as drivers sought deals at the pump
  • California now has the highest average gas prices in the nation, with prices approaching  $8 in Los Angeles 

Gas prices are now nudging $8-a-gallon in Los Angeles, with drivers forming lines at Costco pumps across the US to fill up ahead of potential further increases.

Snaps taken at a Mobil gas station beside on the border of Beverly Hills and West Hollywood on Wednesday afternoon displayed eye-watering prices of $7.95 for premium gas.

Regular-unleaded wasn’t much cheaper, at $7.35 a gallon. The average price of a gallon of fuel has risen by 86.4 cents in Los Angeles County over the last 15 days, with California traditionally seeing the priciest gas across the entire US.

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The Golden State saw huge spikes as the national average price of gas hit $4.252 on Wednesday, setting an all-time record for the second day in a row, after the US banned Russian oil over the invasion of Ukraine.

It represents an increase of 8 cents from Tuesday alone, and gas is now up 78 cents from last month and $1.45 from a year ago, according to the AAA Gas Price Index.


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