California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

California  + Los Angeles  + Retail  | 

L.A. County Gas Prices Keep Rising

Gas prices have kept rising in Los Angeles County and have reached $5 per gallon in some cases. The rise is reportedly due to a problem at the ExxonMobile refinery in Torrance. Additionally, a Tesoro refinery in Carson is partially offline due to maintenance.

However, things should not be that bleak for long. ExxonMobile is expected to boost its production this month and get back on track. The corporation is even importing gasoline from Singapore and having it come through the Port of Los Angeles shortly.

Earlier this week the county had an average gas price of $4.24 per gallon, which was up 63 cents from the previous week.

Connect

Inside The Story

Read More at San Gabriel Valley Tribune

About Connect CRE

New call-to-action
New call-to-action
KidderMathews-06-cube