October 22, 2012 |
For nearly two decades, Santosh Arya has pumped some of the San Diego area's cheapest gas at his three Homeland Petroleum stations. But his streak ended early this month, when wholesale prices started rising sharply, then shot up 40 cents a gallon overnight. To break even, Arya calculated he would have to sell a gallon of regular at $5.10 -- almost a buck higher than at nearby Shell and 76 stations. Instead, he shut down and waited for prices to drop. "I've never seen anything like it," said Arya, who said he lost $2,000 a day while hanging "out of gas" signs on his pumps.
August 29, 1999
Our vacation was over, and I was sitting in a plane on the runway at LAX reading that at $2.73 per gallon, California milk prices are the highest in the nation ["State Court Allows Sale of Unenriched Milk," Aug. 10]. I couldn't wait to get home and dash to the nearest supermarket to buy a gallon of milk for under $3 per gallon. Much to my dismay, milk in my grocer's dairy case was the normal price of $4.59 per gallon. Did my state secede from the union during my 10-day absence? Californians do not pay the highest prices for milk in the nation, maybe just in the contiguous 48 states.
October 29, 2012 |
The average price of a gallon of gasoline in California dropped by the biggest amount yet for a one-week period after the recent new record, according to the AAA Fuel Gauge Report. The state's average declined 26.3 cents, to $4.164 a gallon. That's the good news. The bad news is that California prices remain far above 2011 levels. The state's average has dropped 50.7 cents a gallon since reaching a record $4.671 a gallon on Oct. 9. But that's still 32.3 cents a gallon higher than it was on Oct. 29 last year.
October 5, 2012 |
Some Southern California gas stations are charging more than $5 a gallon for gasoline. Gas prices have gone up so high and so quickly, some customers are snapping pictures at the pump or driving off in hopes that gas will cost less next week. LIVE VIDEO DISCUSSION: Join us at 3 p.m. today To examine why gas prices are suddenly so high, join us for a Google+ Hangout at 3 p.m. PDT with Patrick DeHaan, senior petroleum analyst at the GasBuddy.com website, and Times energy editor Nancy Rivera Brooks.
March 24, 2009 |
The average U.S. price for self-serve regular gasoline rose 5.2 cents to $1.962 a gallon in the week ended Monday, a government report showed. Gasoline was down 40% from $3.259 a year earlier, according to a weekly report from the U.S. Energy Department. In California, the average price declined 0.8 cent to $2.154 a gallon, down 40% from $3.602 a year earlier. Prices were lowest in the Rocky Mountain region, where gasoline gained 4.5 cents to $1.864 a gallon. The highest price was in California.
CALIFORNIA | LOCAL
November 28, 1990
I'd rather pay $3 a gallon for gasoline than have tens of thousands of young men lie dead in the sands of the Middle East. I'd rather pay $3 a gallon for gasoline than have tens of thousands of old people, women and children lie dead in their gassed and bombed-out cities and villages. If we stopped getting cheap gasoline, we may finally start walking, biking and using transportation powered with batteries charged by solar, hydro, wind and geothermal energy. Many of us have sons of military age. I'd rather we pay $3 a gallon for gas or drive an electric car than spend the remainder of our days visiting their graves.
April 13, 1989 |
With the debut of the summer driving season only six weeks away, America's refining industry may not be able to produce enough gasoline to meet demand, oil industry analysts said today. The Alaskan oil spill and a fire at a major West Coast refiner have already cut supplies and boosted prices, setting the stage for higher prices by the time the Memorial Day weekend arrives. Nationwide, average U.S. gasoline retail prices jumped more than 10 cents a gallon in the three-week period ended last Friday to $1.1063 a gallon, according to Lundberg Survey Inc., a Los Angeles-based consulting firm that tracks gasoline prices at 12,000 retail locations.