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An average gallon of regular in the L.A. area is $3.971, up about three pennies from last week, according to the Auto Club. The Santa Barbara area topped $4. Oil prices had been down earlier in the week, but today they jumped back to over $101 a barrel. That means the slowdown in gas price increases might be short-lived.
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.