West Texas Intermediate is sitting around the low to mid 70 cents per barrel of oil, which has been keeping pressure off gas prices, according to Gross. He noted that oil accounts for about 50% to 60% of what you pay at the pump. Prices at a Mobil gas station in Los Angeles on Ap...
California Gov. Gavin Newsom signs legislation at the state Capitol on Monday, Oct. 14, 2024, aimed at preventing gas prices from spiking at the pump. (AP Photo/Sophie Austin) SACRAMENTO, Calif. (AP) —CaliforniaGov. Gavin Newsom signed a law Monday aimed at ...
Gas PricesGov. Newsom signs law aimed at preventing California gas prices from spiking Governor Gavin Newsom signed a first-of-its-kind law requiring gas companies to store minimum levels of gasoline. The goal is to prevent spikes in California gas prices. Oct 14, 2024 California bill aime...
LOS ANGELES (AP) — The average U.S. price of regular-grade gasoline has dropped a penny per gallon over the past two weeks, to $2.90. Industry analyst Trilby Lundberg of the Lundberg Survey says that's 28 cents higher than at this time last year. Lundberg said Sunday it's l...
June 13, 2024 By LA Blade Digital Staff Triple A Auto Club/Los Angeles Blade LOS ANGELES – Gas prices in Southern California have dropped by more than 50 cents a gallon in most areas after two straight months of price declines, according to the Auto Club’s Weekend Gas Watch. The averag...
while others have seen prices continue to inch lower. Motorists can blame the OPEC+ meeting for causing oil to jump early last week and then plummet late last week for the volatility in gas prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real- time ga...
In September of last year, CARB estimated that the change could lift gasoline prices 47 cents a gallon, or $6.4 billion a year. Other analysts put the price even higher — 65 cents a gallon, or $8.8 billion a year. Now, as CARB nears a November vote on its low carbon fuel sta...
How do gas prices work? Politicians often take the heat for high gas prices, but they have little to do with what you pay at the pump. The nationwide average price for a gallon of gasoline has hit $5 for the first time ever. Auto club AAA said the average price on Saturday was a ...
While California prices were trending lower, they're still almost the highest in the country, only behind Hawaii. And in the Bay Area, prices tend to be higher than much of the state. Here's a look at the averages around the region: ...
Gas prices continue to fall as the nationwide average is now $3.05, down more than 20 cents from a year ago, and the lowest for this time of year since 2001. November 24, 2024 Additional Live Streams Live ABC News Live Live Mount Kilauea erupting in Hawaii Live Cold air moving into the...