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.
September 30, 2013 |
National gas prices fell 19 cents in September, the largest drop since October 2012, AAA said Monday, and if the downward trend continues, gas prices could drop an additional 30 cents by Christmas. The U.S. average gas price is now at $3.40 a gallon, the lowest price since January. “Most drivers are paying the lowest gas prices in more than eight months due to abundant gasoline supplies, the end of the summer driving season, lower oil costs and the switchover to winter-blend gasoline,” said Avery Ash, AAA spokesman, in a statement. Looking ahead, AAA said it expects further drops in the price through the fall and winter.
August 28, 2013 |
The threat of a U.S. strike on Syria is roiling global oil markets and could cause temporary price increases at the pump. The price of October U.S. crude oil continued to rally Wednesday, rising to $110.34 a barrel -- a 1% increase. Brent crude oil was up $1.95 at one point, reaching nearly $116 a barrel. Oil prices have been rising since July, when tensions in Egypt escalated into a crackdown on supporters of now-ousted president Mohamed Morsi. But prices jumped this week as the Obama administration weighed taking military action against the Syrian military for apparently launching a chemical attack against civilians. Photos: Gas stations with flair Though Syria is not a large oil producer, the fear is that the conflict could spread across the region. "The entire Middle East could become involved in this," said Patrick DeHaan, a senior petroleum analyst with GasBuddy.com.
CALIFORNIA | LOCAL
August 2, 2013 |
Glendale police fear a spike in fuel thefts last month may signal a growing trend. Nine gas-siphoning thefts - most of which occurred in South Glendale and most of which involved SUVs - were reported in July. They involved thieves cutting a vehicle's fuel line between the tank and filler neck and then sticking plastic tubing into the fuel line to siphon the fuel out. In one case, a screw was used to pierce and drain a gas tank. In another case, thieves used a garden hose to siphon gas from a vehicle's tank into a trash can. The thefts are likely to continue until gas prices begin leveling off, Police Sgt. Tom Lorenz said.