March 27, 2014 |
For the first time in months, most Californians are shelling out more than $4 for a gallon of regular gasoline. And with the busy summer driving season ahead, prices are likely to move even higher, fuel analysts said. It's a rite of spring as predictable as warmer weather or blooming flowers: Gasoline prices are edging up. A gallon of regular gasoline Thursday cost an average of $3.99 in the Golden State, the highest since September 2013, according to the AAA Daily Fuel Gauge report.
February 8, 2014 |
The average price for a gallon of regular gasoline hit $3.648 over the last week in Los Angeles and Long Beach, up 3.6 cents from a week earlier. In Orange County, the average had climbed the same amount, to $3.642 a gallon. But experts say it could be a lot worse. Recent increases are driven in part by annual refinery maintenance and California's early switch to a more expensive summer blend of gasoline. PHOTOS: The 10 cars with lowest sticker price per mpg That's part of the reason gas prices have jumped, sometimes sharply, each spring for more than a decade, said Jeff Spring, a spokesman for the Automobile Club of Southern California.
December 17, 2013 |
KIEV, Ukraine - Ukraine's beleaguered President Viktor Yanukovich reached agreement with Russia on Tuesday for a $15-billion loan and a more than 30% cut in the price of Russian natural gas, deals that aren't likely to win him peace from his European-leaning opposition. Thousands of protesters who had gathered in Kiev's Independence Square responded to the news by demanding Yanukovich's resignation and chanting: "Down with the gang!" Yanukovich and Russian President Vladimir Putin announced the accord between the neighboring nations after a meeting at the Kremlin in Moscow.
November 26, 2013 |
Drivers on Thanksgiving will save a few pennies at the pump compared with Turkey Day last year. The national price for gasoline this Thanksgiving will average $3.27 a gallon, down 16 cents from last year and 5 cents below 2011, according to GasByuddy.com. Total gas savings in November compared with last year will give shoppers an extra $1.93 billion more to spend on Black Friday. PHOTOS: Thanksgiving by the numbers: 10 facts about Turkey Day Not all states are enjoying the same savings.
October 30, 2013 |
Monthly Social Security payments will rise 1.5% next year, bringing the average benefit amount to about $1,288 after an annual cost-of-living adjustment, the Social Security Administration announced Wednesday. The 1.5% rise is the smallest increase since 2002 and is down from the 1.7% adjustment in 2012. The annual cost-of-living adjustment is based on a consumer price index for urban wage earners and clerical workers. Inflation has remained low in recent years, underscored by the latest government data which showed that inflation in September was up just 1.2% from the year before.
CALIFORNIA | LOCAL
October 13, 2013 |
SACRAMENTO - Gov. Jerry Brown on Sunday approved safeguards for minors accused of crimes and vetoed a probe of spikes in gas prices, wrapping up action on a wide range of bills this year that will expand healthcare, help low-wage workers and protect the environment. When the ink dried on about 900 proposals lawmakers had sent him, down from nearly 1,000 last year, the governor had accepted all but about 11% of them - the lowest rejection rate of his current term. "This is the most generous Jerry that we have seen by far," said Jaime Regalado, professor emeritus of political science at Cal State L.A. Brown approved almost all major bills from fellow Democrats, Regalado noted.