
This Chevron in Modesto was right at the edge of hitting $4 for a gallon of regular gasoline. The $4-a-gallon barrier is likely to be broken this weekend in Southern California.
That's what energy analysts are predicting as the average price of a gallon of gasoline in the Los Angeles-Long Beach area reached $3.996 a gallon overnight, up nearly 2 cents since Thursday. That was also a jump of 15.9 cents a gallon since last week.
That's according to the AAA Fuel Gauge Report, a daily record of credit card receipts compiled from more than 100,000 service stations around the U.S. by the Oil Price Information Service in New Jersey and by Wright Express.
Not far behind the L.A. area: San Diego is also on the brink at $3.992 a gallon, up 16.2 cents since last week, according to the report. Orange County was also on the cusp, rising 16.2 cents a gallon in the past week to an average of $3.989 a gallon.













Comment: To read about the first North Carolina incident, see this Sott link:
US, North Carolina: State Inspectors Searching Children's Lunch Boxes