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Phil Flynn

BUSINESS
July 21, 2009 | Ronald D. White
The average retail price of gasoline fell about 5 cents a gallon in California and nearly 7 cents nationwide over the last week, the Energy Department said Monday, as prices continued to recede from the highs of the year set June 22. The average cost of a gallon of regular gasoline statewide dropped to $2.829, down 5.1 cents for the week and 17.6 cents since June 22, according to the Energy Department's weekly survey of filling stations. The U.S. average declined 6.5 cents to $2.
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BUSINESS
June 1, 2011 | By Ronald D. White, Los Angeles Times
Gas prices fell again in the last week, the Energy Department said, but fuel costs are still higher for this time of year than at any time since 2008. In California, the average price of a gallon of regular gasoline fell 6.5 cents to $4.056 a gallon, according to the Energy Department's weekly telephone survey of services stations around the U.S. That was still $1.032 more than a year earlier and the highest price for this time of year since the $4.242 a gallon recorded June 2, 2008.
BUSINESS
April 26, 2011 | By Tom Petruno, Los Angeles Times
The price of silver jumped again, coming close to taking down a 31-year-old record high. Gold also rallied, setting its second record high in as many trading sessions, as the bull market in precious metals rolled on. Silver futures for April delivery traded as high as $49.10 an ounce in New York on Monday before falling back to close at $47.15, up $1.09, or 2.4%. The more actively traded May silver contract rose as high as $49.82 before retreating. The metal's all-time high, before adjusting for inflation, was around $50 an ounce in 1980, when the Hunt brothers briefly cornered the silver market.
BUSINESS
November 29, 2011 | By Ronald D. White, Los Angeles Times
Pump prices continued to fall in California and the rest of the nation, but they remained at record levels for the end of November. The average price of a gallon of regular gasoline in California fell 6.8 cents over the last week to $3.718, according to the Energy Department's weekly survey. That was 56.6 cents higher than the year-earlier per-gallon average and 32 cents higher than the old record for this time of year, which was set in 2007. Nationally, the average price of a gallon of regular gasoline declined 6.1 cents to $3.307.
BUSINESS
October 25, 2011 | By Ronald D. White, Los Angeles Times
The new normal for gasoline prices continues to plague American consumers. Over the last week, the average price of a gallon of regular gasoline in the U.S. stabilized, down 1.4 cents to $3.462 a gallon after jumping nearly 6 cents a gallon the previous week, according to the Energy Department's weekly survey of service stations. But that's 22.6% higher than the old record for this week of the year, which was an average of $2.823 a gallon set in 2007. For the same week in 2010, the U.S. average was $2.817.
BUSINESS
December 5, 2006 | Ronald D. White, Times Staff Writer
Pump prices jumped a nickel nationwide over the last week, the Energy Department said Monday, as driver demand slightly outpaced 2005 levels and supplies slipped. But prices in California held steady for the second straight week. A gallon of self-serve regular gasoline rose just 0.3 cent to $2.496 a gallon in California, while the U.S. average increased 5.1 cents to $2.297 a gallon, according to the Energy Department's weekly survey of filling stations around the nation.
BUSINESS
October 8, 2012 | By Ronald D. White
Analysts said that the record-breaking climb of California gasoline prices could end as early as today, if the state manages to avoid any new refinery problems. Analysts said the price jump was already slowing down even as Gov. Jerry Brown decided Sunday to ease the state's gas-blend requirements to allow refiners to process the less expensive winter blend of fuel three weeks early. Today, the average price of a gallon of regular gasoline in California is up just 1.3 cents overnight, to $4.668 a gallon, according to the AAA Fuel Gauge Report.
BUSINESS
November 6, 2007 | Ronald D. White, Times Staff Writer
The average pump price for diesel fuel in the U.S. soared to an all-time high -- even when adjusted for inflation -- of $3.303 a gallon over the last week, the Energy Department said Monday. The price jumped 14.6 cents a gallon as booming Asian economies put a squeeze on world supplies. In California, the price is more than 20 cents a gallon above the U.S. average. Average gasoline prices in the U.S. also continued to increase, though not to record levels, by more than 14 cents a gallon to $3.
BUSINESS
March 12, 2012 | By Ronald D. White, Times Staff Writer
Some respite. After a day or so in which prices dropped by a negligible amount,  the national average for a gallon of regular gasoline is again on the rise, up 0.9 cents overnight and up 3.4 cents since last week to $3.801. In California, the price rise appeared to be leveling off, but few analysts seemed willing to place a bet on that. Overnight, California's average for a gallon of regular rose 0.1 cent to $4.359. Other states were also feeling the pain, with Illinois last week joining Hawaii, California and Alaska as the only states averaging more than $4 a gallon.
BUSINESS
November 28, 2006 | Ronald D. White, Times Staff Writer
Oil prices pushed past $60 a barrel Monday because of fears about new OPEC production cuts and increased violence in Nigeria. Retail gasoline prices were mixed during the last week, dropping slightly in California while gaining less than a penny a gallon around the nation, a federal report showed. In New York futures trading, light, sweet crude rose $1.08 to close at $60.32 a barrel, the highest level since Nov. 9.
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