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Tom Kloza

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.
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AUTOS
April 11, 2013 | By Ronald D. White
Experts are saying American drivers, including Californians, can expect some of the lowest summer gasoline prices they have seen in three years. Some are predicting a steady decline in California gasoline prices to as low as $3.84 a gallon by August. This year, the Energy Department is expecting a national summertime average of about $3.63 for a gallon of regular gasoline. That would be the lowest in three years, down six cents from $3.69 a gallon a year ago and off 8 cents from the $3.71 average in 2011.
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
January 13, 2012 | By Ronald D. White, Times Staff Writer
Maybe you'll want to start salting away money for 2012 fuel costs now. Get ready to see $4-a-gallon gasoline in various parts of the U.S. sometime this spring, according to one prediction. Another prediction says that some of the nation's biggest cities -- such as Chicago, Los Angeles and New York -- will see record Memorial Day averages of $4.55 to $4.95 for a gallon of regular gasoline. The predictions come from two sources. One is the Oil Price Information Service in New Jersey, which provides the daily averages for the AAA Fuel Gauge Report, using retail receipts from more than 100,000 retail outlets across the U.S. The other is the annual price outlook from GasBuddy.com, where 300,000 to 400,000 member motorists a day report and post online and through phone apps the highest and lowest local prices they see. There are more than 250 price-posting GasBuddy websites devoted to various towns and cities across the U.S. and Canada.
BUSINESS
February 14, 2012 | Ronald D. White
U.S. motorists have seen the national average for regular gasoline rise above $3.50 a gallon in just three different years, but it has never happened this early. The national average hit $3.523 a gallon, the Energy Department said Monday, up 4.1 cents from a week earlier. Analysts said the early price shocker is probably a sign that pain at the pump will rise to some of the highest levels ever this year. "This definitely sets the stage, potentially, for much higher prices later this year," said Brian L. Milne, refined-fuels editor for Telvent DTN, a commodity information services firm.
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.
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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