Printer Friendly
The Free Library
14,587,546 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

GAS PRICES GOING UP YET AGAIN FALLING RATES REVERSE IN TIME FOR SUMMER.


Byline: Brent Hopkins Staff Writer

The slow trickle of gasoline prices down from historic highs appears to have ended, making for expensive driving at the height of vacation time.

In the past week, the price of a gallon of regular has bubbled up more than 5 cents to $2.413 in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Automobile Club of Southern California The Automobile Club of Southern California was founded December 13, 1900 in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions. . While motorists shouldn't expect increases as steep as those in the rest of the country, prices likely won't moderate until the fall.

The blame lies with oil prices near $60 a barrel, which have pulled gasoline with it nationwide.

``There's plenty of gasoline out there, plenty of oil,'' said Auto Club spokesman Jeff Spring. ``Analysts say (gas prices) should be going down, but they've just been very stubbornly high.''

And that's bad news for the folks loading up their minivans and campers for the summertime driving trips. Though most schools are out for the summer, making for a slightly easier morning commute, Officer Leland Tang of the California Highway Patrol highway patrol
n.
A state law enforcement organization whose police officers patrol the public highways.
 said that would likely be offset by more vacationers on the highways all the way until September Until September is a 1984 romantic drama set in France. It stars Karen Allen as an American tourist in Paris who falls in love with a married Frenchman (Thierry Lhermitte). External links .

One slight consolation for Californians is that, since prices are already significantly higher than the national average of $2.19, there's probably not as much room for them to climb. While the rest of the nation could see another 20 cents worth of increases for the rest of the summer, Tom Kloza, chief oil analyst for the Oil Price Information Service, said California is unlikely to reach the record $2.625 per gallon set in April.

``The people who are at most risk are the ones who use diesel fuel,'' he said. ``That's where the real pain and the real apocalyptic numbers the number 666, mentioned in Rev. xiii. 18. u>, in which it is described as the number of the "beast of the earth". It has been variously interpreted. Some fundamentalist Christians consider it to be the number of the Devil, and avoid or fear objects containing that number.
- Rev. xiii.
 are coming. If we're going to break $3, it'll be at diesel pumps.''

Diesel climbed to $2.617 on Friday, up more than 5 cents in the last month.

Brent Hopkins, (818) 713-3738

brent.hopkins(at)dailynews.com

CAPTION(S):

chart

Chart:

SUMMERTIME FUELS

SOURCE: American Automobile Association American Automobile Association (AAA), federation of American automobile clubs, est. 1902. AAA provides a number of benefits to its members, including emergency road service; national and international travel assistance, e.g.  

Daily News
COPYRIGHT 2005 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Jun 25, 2005
Words:340
Previous Article:GRAND JURY RECOMMENDS CITY MAKE PARK SERENE.(News)
Next Article:SMART MOVES IVY LEAGUE-BOUND PRODIGIES THRIVED AT COMMUNITY COLLEGES.(News)



Related Articles
RUSSIA - The Market Perspective.
Saudi Aramco Lowers LPG Prices As Oil Falls; It Will Cut Supplies In 2001.
Rental Housing Market and Economic Update.
Industrial Production and Capacity Utilization for January 2001.(Statistical Data Included)
GAS PRICES DROP GOVERNMENT'S FORECAST SHOULD PUMP UP SPIRITS.(News)(Statistical Data Included)
NEW TRACT-HOME SALES IN A.V. PLUNGE BY 40%.(News)(Statistical Data Included)
RUSSIA - The Energy Base.
Utility delays buying gas at new highs.(Utilities)(NW Natural curbs purchase of future supplies until wholesale prices steady)
GAS PRICES SHOULD STAY LOWER STABLE MARKET, LESS DEMAND KICKING IN.(Business)(Statistical Data Included)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles