Friday Fuel-up: Hovering the $4.00 Mark

Analysts believe Labor Day gas prices will be the highest ever for the holiday weekend

The average price of a gallon of self-serve regular gasoline in the Inland Empire rose four-tenths of a cent today to $4.101, one day after falling two-tenths of a cent.

Prices in Palm Desert has been seen just below $4.00 per gallon.

The average price in Riverside and San Bernardino counties is seven-
tenths of a cent more than a week ago, 32.6 cents higher than one month ago and 39.8 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.

"The price spike in early August means that Labor Day weekend travelers
will be paying the highest gas prices ever for that holiday,'' said Jeffrey
Spring of the Automobile Club of Southern California.

"There are some forces at work that could further nudge up prices, such
as crude oil trading near $100 a barrel, but at the moment, local prices are
holding steady.''

For the lowest prices reported in Palm Desert, click on our commute tab at the top of the page.

Karla August 25, 2012 at 03:37 PM
$3.979 at Costco this morning, up from $3.959 last Monday.


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