Gas prices continue to rise in Southern California Gas prices in Southern California have been steadily going up for the last few weeks. Experts say the rise is caused by refinery issues, among other things. LOS ANGELES - The average price of a gallon of self-serve regular gasoline in Los ...
Higher temperatures, stronger demand and rising natural gas pricesboosted Southern California and Southwest power prices Tuesday.In California, SP15 day-ahead on-peak rose $1.25 Tuesday to tradein the upper $20s/MWh on the Intercontinental Exchange forWednesday delivery, the highest price in three ...
The gas price in the region, containing 10 counties including Los Angeles, Orange, Ventura, Riverside and San Bernardino among others with about 24 million residents, had the biggest daily increase Thursday night since July 13, 2015, rising over 12 cents on average. The Friday's price spike ...
"It is clear now that the Legislature will not act in time to provide that immediate, limited relief, but we look forward to working with lawmakers on the Governor’s proposal for direct payments to Californians wrestling with rising prices," Newsom’s spokesperson Alex Stack said in a stateme...
LOS ANGELES (CBSLA) —Gas prices are rising again in Southern California. The average price of a gallon of self-serve regulargasolinein Los Angeles County rose for the 11th straight day, increasing seven-tenths of a cent to a little over $3.21. That is the highest it has been since Septe...
Patrick De Haan, the head of Petroleum Analysis at Gas Buddy, attributes the rising gasoline prices in the Golden State to high gas taxes and limited supply from oil refineries, among other reasons. “When one little thing goes wrong, it can take a refinery offline for several days,” De...
The report foresees gasoline price increases due to theLow Carbon Fuel Standard reformsthat were created in 2007, likely rising by 47 cents next year and 52 cents by 2026. Diesel prices could climb by 59 cents this year and 66 cents in two years. Long-term projections suggest gasoline could...
LOS ANGELES - California Governor Gavin Newsom announced that the state's minimum wage will be increasing to offset the costs residents are feeling due to rising inflation. According to Newsom's office, California’s minimum wage is projected to increase to $15.50 per hour for all wo...
It's not secret that gas prices in California are some of the highest in the nation. According to AAA, the average price of a gallon of gas in California is $4.78, more than $1.50 more than the national average. Gov. Gavin Newsomblames oil companiesfor the big difference in cost. His...
Rising natural gas costs were abig issue last winterwhen SoCalGas said the average bill for its 21.8 million customers in January 2023 was about $300, more than twice the average of January 2022. The company blamed unusually cold winter weather and constraints on...