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Tom Kloza

BUSINESS
June 19, 2012 | Ronald D. White, Los Angeles Times
Retail gasoline prices are plunging in California, with averages dropping below $4 a gallon for the first time since mid-February, according to one fuel-price survey. The average cost of a gallon of regular gasoline in California reached $3.99, down 12.7 cents since last week, according to the AAA Fuel Gauge Report. The third straight week of double-digit price drops left the California average 1.1 cents below the 2011 level. A month earlier, the state's average was $4.35 a gallon, AAA said.
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BUSINESS
March 1, 2011 | By Ronald D. White, Los Angeles Times
The nation's gasoline costs are surging at a pace not seen since Hurricane Katrina shut down Gulf Coast refinery operations over the Labor Day weekend in 2005. The average price of a gallon of regular gasoline in the U.S. leaped to $3.383, up 19.4 cents in the week that ended Monday, the Energy Department said, following oil prices higher on unrest in Libya and the Mideast. That was 68 cents higher than a year earlier, bringing the average to the highest it has ever been for this time of the year but still well below the national record of $4.114 a gallon reached in July 2008.
BUSINESS
June 23, 2009 | Ronald D. White
Average gasoline prices rose during the last week, topping $3 a gallon in California, the Energy Department said Monday. But the sharp run-up is ending, analysts said, as wholesale fuel costs have declined and oil futures have retreated to their lowest level in three weeks. The average price of a gallon of regular gasoline in California climbed 2.6 cents to $3.005 and is up $1.195, or more than 66%, since the end of 2008, the Energy Department said, based on a weekly survey of filling stations.
BUSINESS
November 28, 2012 | By Ronald D. White
The average price of a gallon of regular gasoline in the U.S. this year never reached the highs seen in 2008, when the all-time record of $4.114 was reached. The 2012 average never even climbed as high as it was last year, when it hit $3.965, according to the Energy Department. But fuel prices have been so consistently high in 2012 that American motorists are on pace to spend more on gasoline this year -- $483 billion, or $1.32 billion a day -- than they ever have before, according to the Oil Price Information Service in New Jersey.
BUSINESS
August 31, 2012 | By Ronald D. White
The summer of 2012's widespread refinery and petroleum pipeline problems, as one analyst put it, will mean that many Americans will face record high gasoline prices during the long Labor Day holiday weekend. In California, analysts have blamed the recent Chevron Corp. refinery fire as the main reason the state will see a second straight year of the highest average prices ever for the traditional three-day ending of the summer driving season. But the national average for the price of gasoline this weekend will shatter a record set in the summer of 2008, the year that the U.S. saw its highest overall prices ever, even after adjusting for inflation.
BUSINESS
October 15, 2012 | By Ronald D. White, Los Angeles Times
Gasoline prices in California are dribbling lower, with the average price slipping as much as a penny a day from record highs reached last week, fuel surveys show. "It's all rigged. They've got us over a barrel, literally," grumbled restaurant manager Jay Moss, who paid $4.99 a gallon Sunday at a Mobil station in Santa Monica. "It's down a little, but not much. I'm just tired of looking. " Although the slow pace of relief might be annoying to drivers, it's a familiar pattern to energy economists.
BUSINESS
January 1, 2013 | By Ronald D. White, Los Angeles Times
Record gasoline prices in 2012 and calls for investigation of California's fuel markets have brought into focus a persistent peculiarity of the state's service station world: the wild swings in price any brand has from one location to the next. Known in the industry as zone pricing, the controversial practice was apparent one afternoon when Culver City resident Michael Denis, on a jaunt to downtown Los Angeles, stopped at a Chevron station to feed his Fiat 500 some gasoline at $4.69 a gallon.
BUSINESS
September 17, 2008 | Ronald D. White, Times Staff Writer
Oil prices took another swan dive Tuesday, falling more than $4 a barrel to flirt with the $90 threshold. But in the wake of Hurricane Ike, Gulf Coast fuel supply operations remained a mess for motorists from Texas to the Northeast, with prices spotted well above $5 for a gallon of regular gasoline. Motorists should brace for a return to $4 a gallon on average nationwide through mid-October, fuel experts said. The increase also will include California, which faces competition for its gasoline supplies.
BUSINESS
August 19, 2008 | Ronald D. White, Times Staff Writer
Gasoline prices have fallen to their lowest levels since May nationwide and in California, the Energy Department said Monday. Among the factors pushing prices down: falling demand and indications that Tropical Storm Fay would steer clear of Gulf of Mexico petroleum facilities. The price of a gallon of self-serve regular gasoline dropped 6.9 cents to an average of $3.740 nationally, according to the Energy Information Administration's weekly survey of filling stations. That's the lowest since May 12, but 95.5 cents higher than the same Monday a year ago. California motorists saw prices fall 8.1 cents to an average of $4.037 a gallon, the cheapest since May 19, but still a staggering $1.175 above the year-ago price.
BUSINESS
August 31, 2010 | By Hugo Martín and Ronald D. White, Los Angeles Times
With gas prices gradually dropping, Southern Californians are more likely to drive for a Labor Day weekend getaway than any time in the last decade, according to the Auto Club of Southern California. For a final summer fling, 91% of the 2.5 million Southern Californians who plan to travel for the holiday weekend will get behind the wheel of a car, a 4% increase over last year, the Auto Club said. Travel experts say traveling by car is gaining popularity partly because it remains one of the cheapest ways to travel and because airline travel has become troublesome and time-consuming.
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