Gas cost in los angeles

Gas prices in L. County drop since February. A gallon of regular in L.

One driver tells Action News inflation is making it difficult to live in today's economy. The eye-popping prices in the nation's most populous state owe to a surge in the cost of crude oil combined with output disruptions that have choked refinery capacity, industry analysts told ABC News. On Thursday, a key measure of crude oil prices reached its highest level in more than a year. The U. The decline in supply of crude oil has helped send prices upward in recent months just as California has begun to face a series of setbacks at its refineries, analysts said.

Gas cost in los angeles

Gas prices in Southern California shot up at their fastest rate of the year last week, according to data released by AAA. That is up 18 cents from last week and 38 cents from last month. AAA officials blamed both regional and global factors for high prices, including the floods in Libya. Both of those figures are up 17 cents from last week and 39 cents from 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. AAA offered some tips for conserving gas in this expensive season: Remove unnecessary or heavy items from your car, limit use of air conditioning, and drive the speed limit on the freeway. Carly Olson is a business reporter at the Los Angeles Times covering retail, e-commerce and how the economy affects consumer behavior. She came from the New York Times, where she was a reporting fellow covering breaking news. Before that, she was a business reporting intern for the L. Times and an editor at Architectural Digest. She was born and raised in California. March 2,

Gavin Newsom gas cost in los angeles an order on Thursday to state regulators easing rules that forbid oil refineries from producing a cheaper, more plentiful winter-blend of gasoline until Oct. That is up 18 cents from last week and 38 cents from last month. Carly Olson is a business reporter at the Los Angeles Times covering retail, e-commerce and how the economy affects consumer behavior.

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Already on the rise, gas prices in Los Angeles jumped another 15 cents over the last 24 hours, according to data from the American Automobile Assn. Gas prices were already ticking upward this week amid supply issues at refineries across the West Coast and Midwest, following an almost day streak of falling gas prices nationwide. A trip from the Bay Area to Southern California highlights the miserable state of the charging network available to many electric vehicle drivers. Energy Information Administration]. Venegas said people should expect pump prices to remain volatile until those refineries return to full operations. Prices across the U.

Gas cost in los angeles

The price of fuel has experienced a surge not seen by drivers in the United States since Hurricane Katrina. Eric Swanson, a professor of economics at UC Irvine, said low-income residents will be hit hardest by the rising cost in gas and housing. Eventually, he said, it will also lead to higher prices for transported goods. In many places across the Southland , they already have. Carlos Perez, who owns C. Towing Service in El Monte, said increased gas prices recently forced him to raise his rates for several services, including a simple tire change and hauling crashed vehicles. Perez, 55, who runs the company on his own and often works hour shifts, typically covers Los Angeles and Orange counties but sometimes makes farther pickups, he said, including one that was miles away.

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Tornado touched down in Central California, officials confirm. March 2, The run of decreases follows a run of nine increases in 11 days totaling 7 cents. Arrest made in murder of pregnant Amish woman. About Us. OC restaurant, others plan to automate more of their services. More From the Los Angeles Times. Full Story. Local Circle K locations celebrate "Fuel Day" with discounted prices. Traffic U.

These stations are the mysterious outliers of the L.

The run of decreases follows a run of nine increases in 11 days totaling 7 cents. With gas prices again on the rise, relief could be on the way. Full Story. Tornado touches down in Madera Co. At the end of that blitz, some refineries may address long-delayed repairs, he added. Manage MyDisney Account. Fraud suspected as SoCal low-income housing projects face foreclosure. City News Service. Times and an editor at Architectural Digest. 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. Station Info. All Sections. Follow Us:.