May 9, 2008 6:39 am US/Pacific
Gas Prices Just Cause More Pain At The Pump
LOS ANGELES
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Need to get somewhere? Better have a big wallet! (File)
CBS
After setting new records five consecutive weeks, gasoline prices fell six-tenths of a cent in Los Angeles County, but remained unchanged in Orange County, according to the Automobile Club of Southern California.
The average price for a gallon of self-serve regular unleaded gasoline in Los Angeles County is selling at $3.896 Friday morning, 19 cents more than last month and 41 cents more than at this time last year.
In Orange County, the average is $3.873 -- 28 cents more than last month and 45.3 cents more than at this time in 2007.
The average in L.A. County rose 4.4 cents from April 25-May 2, 5.2 cents from April 18-25, 7 cents from April 11-18 and 9.7 cents from April 4-11 The increases in Orange County were 5.3 cents from April 25-May 2, 6 cents from April 18-25, 6.8 cents from April 11-18 and 9.9 cents from April 4-11.
"The price of crude oil keeps setting new records, and that continues to keep upward pressure on fuel prices," Auto Club spokesman Jeffrey Spring said.
"Even though many California cities haven't set new record prices in a few days, the rest of the country continues to break records daily. In fact, Alaska has overtaken California as the most expensive state for gasoline, with an average price over $3.93 a gallon."
Meanwhile, the price of gas in the Inland Empire has dropped, but only by 1.4 cents a gallon.
(© 2008 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)
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