Results tagged “prices”

The poshest gas station in Los Angeles--directly abut the Beverly Hills border at Olympic and Robertson--just recently changed its branding from BP to the company-owned and consumer friendly ARCO. Usually, the brand is cheaper or seems so without the 45-cent charge to use a card. But that's clearly not the case here. Catty-corner in Beverly Hills, the listed prices are same, sans credit charge.

Last year this time, gas was a daily news story as it climbed to its all time high on June 21st at $4.626. However, in these recession times, gas prices are not, thankfully, news breaking items. Gas has risen 19-cents in the last two weeks, now at the price of $2.743 per gallon of regular.

Good news for folks with empty tanks: Gas prices in the Los Angeles area have been declining steadily for four weeks now, and are expected to continue to move down, according to the Automobile Club of Southern California. Prices are descending "by about half a penny a day over the past week as more and more Southland gas stations posted prices under $2 a gallon."

Gas prices continued to increase at the rate of about a penny a day this past week. That makes for an average of $2.07 in the Los Angeles area today. "Southern California prices do normally rise at this time of year as refineries cut inventory, perform maintenance, and prepare to produce the 'summer blend' of gasoline that is required to improve the state's air quality," said Auto Club spokesperson Jeffrey Spring in a statement. "Since their low point nearly six weeks ago, gas price averages have risen by 34 to 38 cents in most local areas." This is still much better than prices soaring above $4.

Gas prices have been increasing over the last week leaving the current price for a gallon of regular at $1.781, six cents more than seven days ago. Not to fear, though; that's still 33 cents lower than last month and $1.44 under last year. “The increases have pulled California up once again to have one of the most expensive statewide gas price averages in the U.S., behind only Alaska, Hawaii and New York,” explained Auto Club spokesperson Jeffrey Spring in a statement on Friday. And don't forget! This is the last weekend of late-night Metro Red Line subway service!

No longer are the days of daily gas price decreases. For the fifth consecutive day, prices in the Los Angeles region have increased. Today's average price for a gallon of regular is $1.766. But not to worry, the Daily News has a good perspective: "The average price has risen 4.4 cents in a week, but is 48.5 cents less than a month ago, $1.469 less than at this time last year and $2.86 less than the record high of $4.626 set on June 21..."

It was less than a week ago when the average price of gas hit $1.784 per gallon of regular. Today, it's $1.720. We've definitely left the days when a 20-cent-plus drop in a week's time was feeling like the norm. According to LosAngelesGasPrices.com's chart, prices ever-so-slightly raised overnight.

Today gas hit the average price of $1.784 per gallon of regular which has Californians paying lower average gas prices than people in twelve other states, according to Jeffrey Spring at the Auto Club. "It's an unusual situation for this state to have prices within a dime of the national average, but it is a welcome bit of relief for Californians who have been particularly hard hit by the economic downturn." That national average sits at $1.683 today.

This will never get old. Today marks the 79th day that gas prices have consecutively dropped. The current average price of a regular gallon of gas is $1.912. Statewide, it's a penny cheaper and about 12-cents cheaper nationally. So why is this happening? We asked Marie Montegomery over at the Automobile Club of Southern California (AAA): "We had price levels that were probably unsustainable earlier this year. They were based on not the laws of supply and demand, but where investors perceived where their money would be safest. They were buying up commodities like oil and gasoline futures and prices skyrocketed. Then when all this economic turbulence occurred in September, the bubble burst and everything spiraled down." Boy, did it ever.

For fun, we're taking bets in the comment section on which day gas prices will swing upward (day 100? day 94? day 84?). Today, the price of a gallon of regular gas in Los Angeles/Long Beach is $1.961, nearly three cents lower than yesterday, according to AAA. Nationally, the average sits at $1.812 and is $1.940 statewide. We're going with day 101--in honor of the freeway--as our bet for the day gas prices will turn around. You?

Yes, the average price of a gallon or regular gas is now less than two bucks at $1.987 in the Los Angeles/Long Beach area. Statewide, it's $1.96 with San Francisco leading the state' highest prices at $2.073, according to AAA.

The Los Angeles/Long Beach average price of regular gas today is 2.069, 4-cents lower than yesterday and over a dollar less than a month ago. “Gas prices have never come down by more than a dollar in a one-month period, so this should bring good cheer to travelers this holiday weekend,” said Auto Club spokesperson Jeffrey Spring in a statement. “The last time Thanksgiving travelers paid less than this for gas was in 2003, when Los Angeles gas prices averaged $1.73.” Statewide, gas is even cheaper at $2.031.

Today's average price for a regular gallon of gas is $2.180. That's 14.7 cents lower than a few days ago last Friday when it was $2.327. Back on June 21st, gas spiked to its record average high at 4.626. As many like to say.. Road trip!

AAA is reporting some big number trends today: "the average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.327 per gallon, which is 19.1 cents less than last week, 97 cents lower than last month, and $1.07 under last year." Prices are also nearly half what they were in June when gas spiked to its record average high at 4.626 on June 21st.

Take a close look at the shelves next time you're in the aisles of your local grocery store. Notice anything different? Like maybe there's a bit more room on either side of the rows of items? Pick something up and feel the bottom--as the LA Times suggests, grab a jar of Skippy brand peanut butter--now do you notice the "dimple" at the bottom?

Eight days ago a regular gallon of gas cost was $3.25. This past Monday, October 27 it was $3:137. Today, October 30: $3.019. Enjoy it while it lasts.

Last Thursday for a regular gallon of gas in Los Angeles: $3.45. Today: $3.25. But will this trend continue downward? Not so fast, says Jeff Siegel at Treehugger: "The fact is, a weakening economy has created fertile ground for falling gas prices. And this is not likely to ease up in the short-term. However, folks shouldn't get too comfortable. Because while economic downturns and recessionary times don't last forever – depleted fossil fuels do. And that's why these lower gas prices represent nothing more than a blip."

"Southland gas prices plummeted by more than a penny a day over the past month," AAA of Southern California reported today, adding this observation: "Despite the sizable drop in recent months, however, prices are at about the same level in most areas as the 2007 record high prices." The current price of a regular gallon of gas in Los Angeles is $3.454.

The average price of gas in Los Angeles is now down to $4.160, which is pretty flush with the state's average ($4.159). Mark Lacter at LA Biz Observed is starting to see gas prices hit below $4.00 in some places. But Steve Hymon at Bottleneck Blog found that the gas station he watches, a Chevron in Pasadena, on a daily basis is still pretty high ($4.31) compared to the average and surrounding stations.

Over the past month, the average price of gas has taken a steady decline of about 40-cents per gallon, making the Los Angeles region's average price for regular unleaded cost $4:22, according to AAA.

Mahalo Daily has been locally focused the past couple of days. Yesterday, they spoke to people at the Santa Monica promenade about the effect of gas prices on their lives. Today, they tag along with the city's Bureau of Sanitation in South LA for a day of bulky item pickups. Good times.

Mahalo Daily hit the streets of Santa Monica and interviewed people about gas prices and how it was affecting them. They also asked gas price predictions for January 1st, 2009. Everyone said at least over $5. The current average price of a gallon of regular gas in Los Angeles is $4.576. The highest reached was 4.626 on June 21.

The average price of a gallon of regular gas continues to steadily get lower. Today, the average is $4.58. To contrast California's prices, the national average broke a record today nearing $4.11. A barrel of oil is now at $141 today, which is four dollars down.

Today, a barrel of oil spiked at $143.52, a (broken) record, once again. That comes at a time when the Los Angeles area has been seeing a two-week plateau in gas prices around $4.60. AAA reports gas in Los Angeles averages at $4.602, but LosAngelesGasPrices.com has gas tipping down towards $4.57.

For Angelenos, bees are more often than not encountered as sugar-drunk spastics outside of a neighborhood recycling center, sippers of sweet nectar from your garden's flowers, or a stinging source of outdoor anguish. But there's actually a nationwide "bee crisis" that pertains specifically to honey bees and their unexpected decline, and now what's been a problem for farmers is getting passed on to the consumers in the form of higher food prices.

As gas prices hit all-time highs, so is the Internal Revenue Service's mileage rate standard, which is currently 50.5 cents. Next Tuesday, it will be raised to 58.5 cents, a move that is usually saved for the Fall, but like with Hurricane Katrina when gas prices spiked, the IRS made a mid-year adjustment, which will last through the end of the year. Current gas prices in Los Angeles have been averaging out to a steady $4.621 for a gallon of regular gas.

A report has come out saying what we all already knew: California has the highest gas prices in the country. The good news is that since June 13, the prices have leveled out to a steady average of $4.60 a gallon of regular with the highest reported average on last Saturday at $4.626.

Metrolink's ridership got a shot of adrenaline yesterday as ridership jumped to an all time high of 50,232 passengers -- a 15.6% increase since Tuesday for the regional commuter train service.