Fuel gauge (rage?) report

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GAS GRUMBLES: Gas prices increased rapidly over the past month throughout Southern California, jumping by an average of a penny a day for the last four weeks, according to the Automobile Club of Southern California monthly Fuel Gauge Report.

The Southern California November average price for regular self-serve gasoline is $3.355, up nearly 30 cents from Oct. 16 and 86 cents higher than the same time last year.

“With oil prices at $90 to $100 a barrel, motorists around the country are feeling the effects, and most states
have average prices of at least $3 a gallon,” Auto Club spokeswoman Carol Thorp said. “This is traditionally alower-demand time of year for gasoline, and it remains to be seen whether the usual drop in demand will materialize and begin pushing prices back down soon.”

California has now surpassed Hawaii, where regular unleaded is averaging $3.322 a gallon, as the most expensive state for gasoline in the U.S. The Golden State’s average price for November is $3.385, up
32 cents from $3.069 in October. The state’s lowest average price is in Glendora, where regular sells for $3.239. Tahoe City has the state’s highest average at $3.599.

Nationally, the average price is $3.105, up 35 cents from $2.759 in October. New Jersey has the lowest average price, at $2.905.

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This page contains a single entry by Martin Romjue published on November 13, 2007 11:24 AM.

Foreclosure fallout was the previous entry in this blog.

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Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

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Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

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