4/29/2003

RESPONSE TO EMAILS RE; LA GAS PRICES It is true that an amazing number of gas stations are still selling gasoline at $1.99 a gallon while a limited number of stations sell it at $1.87. The cheap stuff I saw was in the South Bay on Crenshaw south of Sepulveda. Cheap stuff is also at the corner of La Brea and Olympic in LA. $1.89 is the price in many stations all over. I have no idea or opinion on why Mobil, Exxon, and Union have high prices. A few Union and Exxon Stations are competitive. I don't get it.

So what does this have to do with the rest of the country? Just check to see if your gas prices have dropped 12% in the past three weeks. Also gasoline prices in LA are important only in that more than 30% of interstate trucking starts in LA ports of Long Beach and LA. Almost 50% of our food is shipped from California farms (excluding wheat and corn). At last look 28% of all air travel starts at the four SoCal airports. The gasoline prices here mean a lot to you. Your cost of living should go down. Is it?

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