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| September 2, 2010 |
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Gas on verge of spring runup
SOUTHLAND--Gasoline prices are staging a rebound and the dreaded springtime run-up may be underway.
The Auto Club’s Marie Montgomery says that average Southland prices have eclipsed $3 a gallon. “It’s going up a penny a day. When it’s rising that strongly, we may very well be at the start of a price increase.” And, the reason is a familiar one. “The increase is related to what’s happening on the national level with oil prices above $80 a barrel.” Gas supplies are adequate and demand has been down. The more expensive blend of summertime gasoline will hit the pumps around April 1st. (INT) Story Date: September 2, 2010
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