April 30, 2012 |
Only once in the last 20 years have gasoline prices peaked before mid-May. Oil prices haven't been that remarkably predictable, but one could usually expect them to peak sometime during the U.S. summer driving season, experts say. But in 2012, the old patterns don't seem to apply. The U.S. average for a gallon of regular gasoline has dropped steadily since April 5, when it reached its high for the year, so far, of $3.926 a gallon, according to Marie Montgomery, a spokeswoman for the Automobile Club of Southern California.
February 21, 2013 |
Southern California has seen its biggest ever one-month rise in gasoline prices, according to the Automobile Club of Southern California's weekend gas watch. The average price for a gallon of regular gasoline in the varying regions of Southern California has now climbed 57 to 59 cents since last month. "We looked at all of the one-month spikes that could have been bigger since the year 2000 and this was bigger than any of those," said Marie Montgomery, a spokeswoman for the Automobile Club.
February 4, 2013 |
Expect a bit of a shock if you fill up your gas tanks in Southern California this week. The average price of a gallon of regular gasoline in the state has jumped 23.4 cents since last Monday, according to the AAA Fuel Gauge Report. Most of the spike has been driven by the state's southern counties. PHOTOS: Best car values for fuel economy Los Angeles and Long Beach, for example, are averaging $4.017 a gallon, up 24.8 cents over the past week. Orange County gasoline is averaging $4.002 a gallon, up 26.1 cents since last Monday.
April 24, 2012 |
Gasoline prices fell again around the nation, the Energy Department's weekly survey showed, with the U.S. average dropping below the year-earlier price for the first time in 2 1/2 years. Analysts called it a milestone, even though it probably didn't feel like much relief to motorists. The national average fell 5.2 cents to $3.87 a gallon, the Energy Department said. The average was nearly a penny below the price a year earlier, the first time that has happened since October 2009.
October 18, 2011 |
Retail gasoline prices are on the rise again after five straight weeks of decline. The new increases are adding to the pain of historically high fuel costs for this time of year. In California, which has returned to its customary position as the most expensive state for fuel in the 48 contiguous states, the average cost of a gallon of regular gasoline rose 4.9 cents over the last week to $3.864. The numbers are from the Energy Department, which conducts a weekly survey of service stations around the U.S. A year earlier, the average price for a gallon of regular gasoline in California was $3.147, the Energy Department said.
January 12, 2010 |
Retail gasoline prices have jumped sharply over the last week, prompting worries that a surge in energy prices could slow the economic recovery. The average price of a gallon of regular gasoline in California climbed 5.9 cents to $3.046, the biggest rise in 16 weeks. Nationally, the price jumped 8.6 cents to $2.751 a gallon, according to the U.S. government's weekly survey of filling stations. Analysts said gasoline prices were rising sharply while most indicators of supply and demand were headed in the opposite direction.
December 28, 2011 |
The most expensive year ever for gasoline purchases in the U.S. is heading to a close — but not without another dig at motorists' wallets. Pain levels at the pump rose again over the last week in California and across most of the nation, assuring that 2011 will mark the second year in a row that prices have posted record December highs. The average price of a gallon of regular gasoline in California hit $3.576, up 2 cents since Dec. 19, according to the Energy Department's weekly survey of service stations.
July 31, 2012 |
Pump prices have held relatively steady in much of the nation, but respite may be brief. The average U.S. price of a gallon of regular gasoline rose 1.4 cents, to $3.508, according to the Energy Department's weekly survey, released Monday. In California, the average fell 0.6 of a cent, to $3.802 a gallon. Analysts attributed the national rise to the recovery in oil prices. U.S. crude futures are hovering around $90 a barrel after falling as low as $77.69 during the final week of June.