August 17, 2012 |
The rapid rise in gasoline prices, sparked by a refinery fire last week, has slowed and may have peaked, according to the Automobile Club of Southern California. Since the fire at Chevron Corp.'s Richmond Refinery in the Bay Area on Aug. 6, the average retail price of a gallon of regular gasoline in California has shot up 25.8 cents. At one point, it jumped 5 cents overnight. Although part of the refinery damaged by the fire is still shut down, the rise in prices has cooled. "Southern California gas prices have actually only risen by about 2 cents since Sunday, and most of the week-to-week increase occurred last Friday and Saturday," Auto Club spokesman Jeffrey Spring said.
May 31, 2012 |
Retail gasoline prices in Southern California fell for a second straight week, but only enough to bring them close to the highest prices drivers were paying in 2011, according to the Automobile Club of Southern California's Weekend Gas Watch. The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $4.285 per gallon, which is 4.7 cents less than last week, 10 cents higher than last month, and 23 cents higher than last year. In Orange County, the price is $4.243 a gallon, down 6.67 cents since last week, but still 9.1 cents higher than last month and 11.5 cents high than last year.
April 19, 2012 |
The fifth straight week of gas price declines in Southern California has finally brought motorists back in range of what they were paying at the pump last year, according to the Automobile Club of Southern California's Weekend Gas Watch. The average cost of a gallon of regular gasoline in the Los Angeles-Long Beach area, for example, fell another four cents since last week to $4.228, the Automobile Club said. That was 15.7 cents a gallon lower than last month's price and just a penny a gallon higher than what motorists were paying last year.
CALIFORNIA | LOCAL
February 14, 2011 |
Wes Rogers used a garden hose to fight flames from the 2008 Sesnon fire that had reached the fence of his home in the northwest San Fernando Valley. The memory of the blaze, caused by a downed Southern California Gas Co. electrical distribution wire, is raw. And that has made the utility's plan to revamp its natural gas storage facility in Aliso Canyon a tough sell to residents wary of another fire in the same bushy hills north of Porter Ranch. According to the state Department of Forestry and Fire Protection, power lines were suspected in or blamed for four of the 20 largest wildfires in California history, including the Sesnon blaze, which blackened 14,703 acres, destroyed 15 homes and dozens of outbuildings, and remains the suspected cause of a fatal car crash on the 118 Freeway.
July 8, 2010 |
Suspense over whether the Gas Co. Tower in downtown Los Angeles will remain the headquarters of Southern California Gas Co. is over: The big utility is staying put in its signature tower for the next 15 years. Real estate industry analysts had been watching to see whether the gas company would bail out on troubled landlord MPG Office Trust Inc., formerly Maguire Properties Inc., and move its offices elsewhere. Southern California Gas said Wednesday that it would keep its more than 1,300 employees in 350,000 square feet in the building at 555 W. Fifth St., where it has been the anchor tenant since the tower was completed in 1991.
May 28, 2010 |
The average price of a gallon of gasoline in Southern California took the biggest one-week drop during any May in 10 years, just as vacationers prepare for Memorial Day weekend travel. Since last week, the price of a gallon of gas dropped nearly 7 cents in the Los Angeles and Long Beach region and in Orange County, sliding an additional cent or more in San Diego, Santa Barbara, Riverside and San Bernardino counties, according to the Automobile Club of Southern California. The average gallon of regular gasoline sells for $3.03 in the Los Angeles area, $3.02 in Orange County, $3.09 in Santa Barbara and $3.01 in Riverside and San Bernardino counties, according to the Auto Club.