Another big drop in gas prices

In just one week, there was an 11-cent-a-gallon drop in the average price of self-serve regular in Los Angeles. It's now at $3.195, according to the government's latest survey. Fed forecasters keep telling us that we should enjoy the ride while it lasts - that prices are headed back up this summer. Even so, gas prices just aren't the economic indicator they were 20 or 30 years ago.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
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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
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Crazy opening for Twitter*
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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
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