Gas prices keep dropping

So much for economic Armageddon. The federal government's weekly survey shows that the average gallon of self-serve regular in L.A. for the week ended May 28 was $3.38, compared with $3.42 a week earlier. SF is eight 12 cents higher. That's still a lot of money to pay for gas, but it's hardly the calamity that's been played up over the last week or two. And please, can't we have a moratorium on those TV news stories in which "reporters" ask folks filling their tanks what they think of these gosh-darn high prices?


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Siri versus Hawaiian pidgin (video)
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Previous story: Market for idiocy

Next story: Wednesday morning headlines

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook