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Phil Flynn

BUSINESS
February 21, 2007 | Ronald D. White, Times Staff Writer
A Texas refinery fire last week fueled demand for California gasoline and helped drive pump prices up by nearly 8 cents during the week, well above the increases felt all over the nation, analysts said Tuesday. The average price of a gallon of regular self-serve gasoline rose to $2.710 in California on Monday, up from $2.632 last week, according to the Energy Information Administration's weekly survey of filling stations around the U.S.
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BUSINESS
August 21, 2002 | From Bloomberg News
Crude oil futures fell in after-hours trading Tuesday after the American Petroleum Institute reported the first increase in U.S. inventories in three weeks. Supplies rose 6.6 million barrels, or 2.3%, to 302.3 million barrels, the institute said in a weekly report. Analysts had been divided on whether the report would show supplies higher or lower. Last week's report showed the biggest decline in more than a year.
BUSINESS
January 17, 2007 | Ronald D. White, Times Staff Writer
California motorists last week saw their first relief at the pump since the Thanksgiving weekend, but analysts warned Tuesday that the reprieve would be short-lived. The price of a gallon of self-serve regular dropped nearly a nickel to $2.583, according to the Energy Information Administration's weekly survey of filling stations. Despite the weekly drop, the first in seven weeks, the California average remained 16.
BUSINESS
May 5, 2009 | Ronald D. White
Pump prices in California and around much of the nation continued their ever-so-slow crawl higher over the past week, the Energy Department said Monday. But analysts said gasoline costs might be kicked into a higher gear by a resurgent oil market. The average cost of a gallon of self-serve regular gasoline in California rose 1.5 cents to $2.355, according to the government's weekly survey of filling stations. Nationally, the average increased 2.9 cents to $2.
BUSINESS
December 1, 2009 | By Ronald D. White
Oil prices rose modestly Monday, but not as high as some analysts had expected amid reports of piracy and other trouble at sea that could have threatened deliveries. Crude oil futures for January delivery climbed $1.23, or 1.6%, to $77.28 a barrel on the New York Mercantile Exchange. Retail gasoline prices fell, on average, by 1.9 cents to $2.921 a gallon in California and by a penny to $2.629 nationally. Through last week, U.S. crude supplies were on the rise and running 17 million barrels ahead of last year at 337.8 million barrels, the Energy Department said.
BUSINESS
April 27, 2010 | By Ronald D. White, Los Angeles Times
Doubts about a plan to bail Greece out of its financial mess helped drive oil back under $85 a barrel in trading Monday, analysts said, adding that gasoline prices will probably see their peak for the year by the Memorial Day holiday. For now, pump prices are holding steady, according to the Energy Department's weekly survey of filling stations, released Monday. The average price of a gallon of regular gasoline in California fell two-tenths of a penny to $3.088. The California average has varied by just three cents over the last six weeks.
BUSINESS
January 18, 2006 | Elizabeth Douglass, Times Staff Writer
California's average gasoline price jumped nearly 9 cents a gallon in the last week, a federal survey showed Tuesday, continuing a surge that threatens to keep prices high into the peak summer driving season. In New York, crude oil and gasoline futures soared on political tensions in Iran and Nigeria as well as a major outage at a U.S. refinery. Light, sweet crude for February delivery rose $2.39, or 3.7%, to $66.
BUSINESS
March 10, 2009 | Ronald D. White
Crude oil on Monday reached its highest closing price since January on concern that oil producers might agree to hold back more production when they meet in Vienna this weekend. But the cost of a gas tank fill-up still provided a measure of relief in the midst of otherwise gloomy economic news. The average U.S. price of a gallon of self-serve regular gasoline climbed to $1.941, up 0.7 of a cent from the previous Monday, according to the Energy Department's weekly survey of filling stations.
BUSINESS
May 11, 2010 | By Ronald D. White, Los Angeles Times
Pump prices have risen slightly in California and most of the nation, the Energy Department said Monday, and crude oil futures regained some of the ground they lost last week as the U.S. dollar lost value relative to other major world currencies. The average price of a gallon of regular gasoline in California climbed 2.1 cents to $3.139, according to the Energy Department's weekly survey of filling stations. The U.S. average rose seven-tenths of a penny to $2.905 a gallon. Prices rose everywhere except the Midwest and New England regions.
BUSINESS
March 21, 2011 | By Ronald D. White, Los Angeles Times
The average price of a gallon of gasoline rose just 1.2 cents over the last week in California but fell 0.5 cents nationwide, according to the Energy Department's weekly survey of service stations. Even with the small rise in prices in the state and the decline nationally, experts warned that it might not be a sign that prices have peaked. Oil and gasoline prices surged amid popular uprisings that toppled governments in Tunisia and Egypt and sparked protests in Yemen, Bahrain and other countries.
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