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Mark Lacter at LA Biz Observed is reporting that "the per-barrel price of crude was reached in after-hours electronic trading after the Energy Department reported unexpected declines in U.S. crude inventories and refinery operating rates."
That means a barrel is now $115.31 easily tipping gas over $4 in the Los Angeles area. "Prices are up 4.4 percent this week and 82 percent from a year ago," reports Bloomberg.
Lacter reports regular is going for $3.95 at the Westwood Chevron. What's the price at your local gas station?
Photo by LAist News Editor Andy Sternberg
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It's $3.99 at the Shell on Olympic and Bundy and $3.97 at the Chevron on the opposite corner...I've been bitching about it on my blog for two days now!
Zach -- It's $4.09 for regular in Sherman Oaks, yr hood --
Melrose/Fairfax? I could swear that gas station on the corner was selling for $4.80 - that was last friday - anyone near there to see if it's still that price?
$3.77 in Echo Park.