Saturday, July 08, 2006

Consumption Rise Drives Up Gas Prices... The Press Enterprise. 070706

Can you imagine if you have that drive that goes from here to Los Angeles every day. My Fuel costs are up from $115 a month to over $360.00 a month now. I am sick over it and we are just between here and Highland and Rialto, Fontana. It is scary. Well, I tell you that the gas prices are just out of hand. and now they are going to go up more with the news of a Fuel pipe that is corroded and damaaged.

BSRanch

Consumption rise drives up gas prices

10:00 PM PDT on Friday, July 7, 2006

By DAVID RACLIN
The Press-Enterprise

Gas prices are going up because they were coming down, an auto club official said.

Seven consecutive weeks of lower fuel prices spurred more consumption, said Carol Thorp, spokeswoman for the Automobile Club of Southern California, in a news release.

The consumption increase triggered this week's 7-cent price increase to an average of more than $3.27 per gallon in the Inland Empire, Thorp said.

Another reason for higher prices is the traditional summertime increase in travel, Thorp said.

In the Southern California/Las Vegas region surveyed by the Automobile Club of Southern California, travelers to Las Vegas this weekend will find gas selling for the lowest average price, $2.96 per gallon, while visitors to Santa Barbara will pay the highest average price recorded, nearly $3.40 per gallon.

Gasoline prices in Southern California and Las Vegas spiked to record highs in mid-May and had been declining until this week, Thorp said.

Inland prices reached an average of $3.44 on May 15, Thorp said.

This week's Inland region average price of $3.27 is 8 cents below June's average price and 80 cents higher than last year, Thorp said.

Reach David Raclin at 951-368-9466 or draclin@PE.com

No comments: