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The average gallon of regular in the L.A. area is $2.07, up three-and-half cents from last week, according to the government's latest survey. Lots of cross-currents to contend with in trying to figure out where prices are headed: While demand remains quite soft, which would presumably bring down prices, refiners are cutting back on production of specially made California gasoline.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal 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?
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.