Gas Prices Continue To Rise In The Southland

LOS ANGELES (CBS) — Rising oil prices are pushing the cost of gasoline to record-levels.

In Los Angeles and Orange counties, the price of a gallon of gas jumped 5 cents overnight.

At a Shell station in downtown Los Angeles, the price of a gallon of self-serve regular Saturday rose to $4.31; $4.53 for super and $4.49 for diesel, according to CBS2’s Mike Dinow.

On Friday, the national average was its highest ever for this time of year — $3.69 a gallon, according to Dinow.

Experts say the soaring gas prices are due in part to escalating tensions with Iran over its nuclear program.

Meantime, President Obama says the only real solution to this challenge is to develop the technology that allows us to use less oil.

Comments

One Comment

  1. Wolfman says:

    The oil and gasoline companys are selling our gasoline to China and our politicians let them get away with it

  2. Come'on says:

    Hey Wolfman, what makes you think our politicians care about anybody but themselves?

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Los Angeles

KNX 1070 Newsradio
Play.It

Listen Live