Friday, April 15, 2005

Gas Prices appear to plateau

After rising for days on end, it looks like prices at the pump are finally leveling off:

Even if you didn't notice, it was a big deal: Thursday's average price for self-serve regular — $2.623 a gallon — marked the first time in 14 days that the average in the county hadn't broken records, said Jeff Spring of the Automobile Club of Southern California.

The price decrease in the Inland Empire was even tinier, one-tenth of a penny off a record to $2.648. In Orange County, there was a slight increase of two-tenths of a penny, landing at a fresh high of $2.602 a gallon.

"We're seeing microscopic increases and microscopic decreases, so I'd say overall, we're flat," Spring said. "Compared to what we were seeing last week, it's encouraging."