The average price of a gallon of self-serve regular gasoline in Los Angeles and Orange counties both rose to record highs Feb. 4 because of the switch to summer-blend gasoline and higher oil prices.
An uptick in the price of wholesale gasoline is squeezing profits at stations that lowered prices most aggressively amid a broader falling trend nationally, with GasBuddy head petroleum analyst Patrick De Haan predicting that prices at the pump in several states will likely shoot up soon.
I can tell you with certainty that right now attorneys for newly acquitted defendant Kyle Rittenhouse are working overtime. They are combing through every slanderous statement made about this young man. Every defamatory comment offered up before any facts were presented in a court of law is now under the microscope for possible litigation.
The Dow Jones fell over 900 points just after opening bell on Nov. 26, with other major Wall Street stock indexes—and risk assets more generally—also seeing sell-offs as news of a new COVID-19 variant spreading in South Africa seems to have sparked a broader risk-off sentiment among investors.
Slapped on a gas pump next to the digital meter display, the stickers tell a simple, powerful story: Today’s gasoline prices, the highest in years, are courtesy of the commander in chief.