Wednesday, March 4, 2015

$5 Gasoline? -- March 4, 2015

The Los Angeles Times is reporting that gasoline has jumped one dollar / gallon in Los Angeles over the past month.
That's made gasoline much more expensive here than anywhere else in the nation — an average of $3.44 for a gallon of regular as of 7 a.m. Wednesday, according to price-tracker GasBuddy.com. Hawaii is the only other state with an average price above $3 a gallon.
Drivers in Los Angeles are paying an average of $3.54 a gallon to fuel up, more than any of the other 443 metropolitan areas tracked by GasBuddy.
And five days ago, this article:
LONG BEACH, Calif. (AP) — Gas prices are soaring in California in a classic example of supply and demand after an explosion stopped gasoline production at an Exxon Mobil refinery while another remains offline due to labor unrest.
Screenshot, GasBuddy, 1:56 p.m. CT, March 4, 2015:


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