'Tis the season for Top Ten lists, but this one--the 14th annual Kosmont-Rose Institute Cost of Doing Business Survey released by the Rose Institute of State & Local Government at Claremont McKenna College--gives our fair city more of dubious honor. Once again, Los Angeles ranks among the "10 most expensive places in the country to do business," reports the Daily News.
Results tagged “price”
Around the nation, some cities are finding their gas prices to be lower than $2. For Los Angeles, that's not the reality, at least yet. Today, the average price of a regular gallon of gas in Los Angeles is $2.574, 27-cents lower than a week ago Monday and 15.6-cents lower than last Thursday. As usual, you may know about cheaper than the average gas in the area. If so, chime in the comments section.
The price of gas in Los Angeles continues to drop as today's local average for a gallon of regular comes out to $2.730, more than 11-cents from Monday's reported average of $2.846. A week ago today, Los Angeles gas was $3.019, nearly 29-cents higher. Of course, you may have spotted cheaper gas in the city. If so, let us know in the comments!
The average gallon or regular gas in the Los Angeles area today is $2.846 meaning gas has dropped around 16-cents since last Thursday and 29-cents since last week Monday.
In five days, gas prices have dropped more than 10-cents. On October 22 a regular gallon of gas was $3.25, 20-cents less than a week prior to then. Today, the price for the Los Angeles area averages out to $3.137. In fact, some stations, near and far, are changing out that 3 for a 2: "We've never seen local gas prices come down this fast in such a short period," Auto Club spokesperson Jeffrey Spring said last Friday. "Gas stations in Buena Park, Chula Vista, Visalia and a few other local cities are the first to post sub-$3 gas prices, and we could see many more over the next week if this decline continues."
Times are tough, which means saving a buck, or a penny, here and there is a high priority for lots of local shoppers. That means that a place like the 99 Cents Only store is a haven for penny pinchers and bargain hunters alike. But what happens when the economy can't keep a good thing going?
As with years past, the Sunset Junction Street Festival has been somewhat of a contentious point between the community and well, let's face it, the small part of the community that puts this event on.
A Quick Look at the History of the Cost of a Trip to Anaheim's Disneyland
When it comes to the cost of a gallon of gas these days, it certainly doesn't seem to be the case that "it can't get any worse." We grumbled when it got to $3, winced when it hit $3.40, cringed when it hovered at the $4 mark, and now we're seeing prices in the $4.40 range at pumps all over SoCal. And, in true trend-setting fashion, our high gas prices have finally inspired the rest of the country to catch up; the national average is now over $4 a gallon.
Mark Lacter at LA Biz Observed is reporting that "the per-barrel price of crude was reached in after-hours electronic trading after the Energy Department reported unexpected declines in U.S. crude inventories and refinery operating rates."
