California gas prices drops

170
0
Share:

California gas prices drops
LOS ANGELES,CA (BDCi) –The average cost of a gallon of regular gasoline in California was $3.994 since Monday, down 6.2 cents from a week earlier, according to the Energy Department’s weekly survey of service stations. The price is lower but still 92.6 cents higher than the same time last year. But it was down more than 26 cents from the May 2 peak of $4.257, leaving California in the rare position of not having the most expensive gas in the continental U.S.

Nationally, the average has been stuck in the $3.77-a-gallon range since last week, largely because of problems in the Midwest that have left Illinois and Michigan with the most expensive gasoline in the 48 contiguous states.

In Illinois, the average cost of a gallon of regular was $4.146, more than 10 cents higher than a week ago. The average in Michigan was $4.116 a gallon, a rise of nearly 17 cents over the last seven days.

By: Adrianna Lobo
Source: Los Angeles Times
June 9th, 2011

Share:

Leave a reply