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Pain at the Pump: Gas Prices Highest Since October 2008
Gasoline prices today have hit their highest point since October 26th, 2008 according to cbs2.com. "A 1.3-cent increase pushed the average price to $3.156, 4 cents more than a week ago, and 77.8 cents more than this time last year, according to figures from the AAA and Oil Price Information Service." Down in Orange County, the average price of a gallon of gas "rose nine-tenths of a cent Saturday to $3.143, one day after falling 1.3 cents." What is causing the costs to soar upward again? A representative from the Automobile Club of Southern California attributes the rise to "recent increases in the price of crude oil."
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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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