Check out the excerpt below of Carl’s article “Low Gas Prices to Continue After Summer” originally published in the Los Feliz Ledger.
Gas prices nationwide will spike this week after the effects of Hurricane Harvey hit Southern Texas, where many of the nation’s oil refineries are located, August 26th and 27th.
Previously, California gas prices dropped this summer despite industry experts’ early anticipation of high costs at the pump, while Larchmont area prices were consistent with city and state averages of about $3 and as low as $2.90 per gallon of regular unleaded gas in August.
“I suppose you can count me as one of those on the boat that anticipated gas prices might be higher,” said Patrick DeHaan, senior petroleum analyst with GasBuddy.com. “And they have turned out otherwise so far. … Things have been relatively mild and that has allowed motorists to take to the roads for yet another summer of cheap gas prices.”