Results tagged “gallon”

The average gallon or regular gas in the Los Angeles area today is $2.846 meaning gas has dropped around 16-cents since last Thursday and 29-cents since last week Monday.

As the average price for a gallon of gas tips over $4 across the country (in Los Angeles, the average is about $4.46 for regular), the Senate will vote today on a "windfall tax" that would snag some of the top oil company's profits at the tune of $17 billion -- in other words, the tax breaks they would expect in the next ten years. $36 billion was earned by the top five oil companies during the first quarter of this year.

The rising price of gas is nothing new, but these past seven days, a gallon of gas has jumped up 27 cents. Prices have not increased at this pace since August 2003.

$3.55 for unleaded. Check, albeit annoying.