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Gas Prices Increased 19-Cents over the Last Two Weeks
Last year this time, gas was a daily news story as it climbed to its all time high on June 21st at $4.626. However, in these recession times, gas prices are not, thankfully, news breaking items. Gas has risen 19-cents in the last two weeks, now at the price of $2.743 per gallon of regular.
Luckily, some are predicting gas prices will actually go down and not go out of control like last summer. "Prices could start to fall this month — though not by as much as they rose in May," reported USA Today. In fact, one expert told the paper that the summer gas price bubble has already popped.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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