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Entries from LAist tagged with 'crude'

April 24, 2008

Now the predictions are really getting people's attention: "Surging crude prices, which could surpass $200 a barrel in four years on tight supplies, could push gasoline prices to as high as $7 a gallon, CIBC World Markets analysts said Thursday," MarketWatch said early this afternoon. Currently, U.S. oil is $116 a barrel, down $3.90 from Tuesday's "historic high." The national average is $3.56 and in Los Angeles, the upward trend pushes the local average to......

Continue Reading "$7 Gas Coming: Tipping Point for Public Transit, Bicycles & Alternative Cars?"

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