Tuesday, March 15, 2011

Oil Prices: National, California and Los Angeles

Here is something to ponder:

US Average Gas Price - $3.567/gallon
CA Average Gas Prices - $3.954/gallon

The price for gas in California is around 40 cents higher than the national average and Los Angeles is around 10-20 cents higher than the California average. So, if gas price were to reach a national average of $5.000/gallon (which is not impossible), someone in the San Fernando Valley might be paying around $5.50-5.60/gallon.

For a car with a 12.5 gallon tank (size of the tank in my car), the cost to fill up the car would be: $68.75 - $70.00. Think about that before buying yourself a Humvee.

2 comments:

  1. Didn't Humvees go out of business?

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  2. I think Foolian means Hummers. I pay ~$60 for 1 month's worth of metro. No car=win.

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