October 5, 2012 |
Skyrocketing gasoline prices caused some local service stations to shut off their pumps Thursday while others shocked customers with overnight price increases of 30 cents or more. California's fuel industry isn't running out of gasoline - supplies are only 2.5% lower than this time last year - but recent refinery and pipeline mishaps sent wholesale prices to all-time highs this week. As a result, some station owners weren't buying fuel for fear they couldn't sell it. Those who did buy simply kicked prices higher and bet customers would understand.
January 1, 2013 |
Record gasoline prices in 2012 and calls for investigation of California's fuel markets have brought into focus a persistent peculiarity of the state's service station world: the wild swings in price any brand has from one location to the next. Known in the industry as zone pricing, the controversial practice was apparent one afternoon when Culver City resident Michael Denis, on a jaunt to downtown Los Angeles, stopped at a Chevron station to feed his Fiat 500 some gasoline at $4.69 a gallon.
June 9, 1986 |
Gasoline prices kept rising in the past two weeks, as refineries and retailers recouped losses in revenue, but stayed 24 cents a gallon cheaper than at the start of the year, an oil industry analyst said. The average price of gasoline nationwide jumped 1.54 cents a gallon to 97.08 cents in the two-week period ending June 7, analyst Dan Lundberg said over the weekend.
June 1, 2004
Much has been made of the price of a gallon of gas. It is too high, most claim. I would like to suggest another perspective: The price of a gallon of gas is actually too low. Factor in the environmental costs of the burning of fossil fuels, the societal health costs resulting from smog and the generous tax credits and tax abatements given the petroleum industry and the true cost of gasoline becomes apparent -- at least in the countries of Europe and...
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.
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.