Gas price fun is over

Well, it appears that way. The government's weekly survey shows that an average gallon of regular in the L.A. area is $3.834, down only a penny from the previous week. Other surveys show that local prices have inched up in the last few days. Oil prices did drop today to a little over $95 a barrel, but the general consensus is that, barring something unexpected, we've seen the last of the big price declines - and that oil may, in fact, be headed back over the $100 mark. That's despite a not-so-wonderful recovery.


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 Economy stories:
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Exit interview with Port of L.A.'s executive director
L.A. developers relying on foreign investors bend a few rules
Holiday shopping: On your marks, get set... spend!

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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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