April 17, 2007 |
The pain at the pump intensified for the 11th week in a row, the Energy Department said Monday, with California's average price for self-serve regular gasoline rising 5.3 cents to $3.305 a gallon and the U.S. average jumping 7.4 cents to $2.876 a gallon during the last week. Refinery problems continued to get most of the blame from analysts for the fuel-cost increase. Valero Energy Corp., for example, said it was restarting its 170,000-barrel-per-day McKee refinery in Sunray, Texas.
August 21, 2012 |
California's gasoline prices may have peaked after the refinery fire at Chevron Corp.'s Richmond facility, but they still rose enough over the last week to reach their highest level ever for the third week of August, the Energy Department said Monday. The average price of a gallon of regular gasoline in California was $4.129, according to the Energy Department's weekly survey of gas stations. That was up 3.3 cents from a week earlier — and 26.1 cents higher than on Aug. 6, just before the refinery fire knocked out parts of the state's third-biggest fuel-producing plant.
October 22, 2012 |
The decline in California gasoline prices has accelerated in recent days, fuel surveys show, but hardly amounts to the relief from record fuel costs that most motorists would like to see. The state average reached $4.432 for a gallon of self-serve regular gasoline, the Energy Department said Monday. That was a decline of 19.1 cents in one week, according to the agency's survey of service stations. The week before, the average slipped less than 4 cents a gallon after reaching a record $4.659.
October 11, 2012 |
California's average gasoline price edged lower for the first time in more than a week, but analysts warned that any decline would be gradual partly because a section of the huge Chevron Corp. refinery in Northern California is expected to remain closed the rest of the year. Motorists in the state paid an average of $4.666 for a gallon of regular gasoline Wednesday, down half a cent overnight, according to AAA's daily survey of fuel prices. On Oct. 1, the day Exxon Mobil Corp.'s Torrance refinery went out of service temporarily because of a power outage, the average was $4.168.
October 11, 1988 |
Britain's watchdog Office of Fair Trading said it is investigating charges of gasoline price-fixing by major oil companies. The office's director-general, Sir Gordon Borrie, said he was ordering the probe after a parliamentary report last July accused big oil firms of colluding to keep prices high at British filling stations, despite falling world oil prices.
October 17, 1990 |
The nationwide price of a gallon of self-serve regular unleaded gasoline has hit an average of $1.379, up 30.4 cents since Iraq's invasion of Kuwait, the American Automobile Assn. said. The highest price on record is $1.388, before the 1981 Easter weekend, the AAA said.
March 17, 1999 |
Rising oil prices on international markets and refinery problems in California have pushed the price of gasoline higher, according to the AAA's monthly gasoline price report. The national average price of self-serve regular unleaded gasoline increased a penny in the last month to 97 cents a gallon, the first increase since October. The current price is still 11.1 cents cheaper than the March 1998 average of $1.081 per gallon.
January 24, 2006 |
After a big jump the week before, average gasoline prices rose less than a penny across California in the last week, a federal survey showed Monday. The average cost of self-serve regular in California edged up 0.7 cent during the last seven days to $2.424 a gallon, according to the Energy Information Administration, an arm of the federal Energy Department. Pump prices in California had jumped 9 cents in the previous survey. Nationwide, the average cost of self-serve regular rose 1.
May 18, 2004 |
As gasoline prices hit another record high Monday, California legislators launched an investigation into the market tactics of oil companies, which are posting big profits in the state as gasoline and diesel prices soar.