PAIN AT THE PUMP: Looks like $6 gas is here to stay.
That average price was just six cents lower in Orange County at $5.83 and in the Inland Empire at $5.80.
Analysts say crude prices are unlikely to g down as long as supply remains tight due to continuing pandemic shortages and the war in Ukraine. And supplies may get even tighter as demand goes up ahead of the summer driving season. In March, President Biden released a million barrels of oil from the federal Strategic Petroleum Reserve, which seemed to help bring down prices for a short time. But gas prices in Los Angeles County have been on the rise for 12 consecutive days.
The president reportedly plans to continue using the strategic oil reserve for six months in the hopes that the conflict between Russia and Ukraine will calm down. Californians feeling pain at the pump won't get any rebate relief any time soon either — Gov. Gavin Newsom's plan to send up to $400 to vehicle owners won't happen until October at the earliest, according to a report.Thanks for reading CBS NEWS.Please enter valid email address to continue
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Man stabbed, robbed of $5 in OaklandA 54-year-old was stabbed multiple times and robbed of $5 Saturday night near the Laurel district, authorities said.
Leer más »
NVIDIA Fined $5.5M for Inadequate Disclosures in Cryptomining: SECThe Securities and Exchange Commission charged NVIDIA with inadequate disclosures regarding the role of crypto mining in the company’s gaming business.
Leer más »
Liz Cambage leads Sparks to 89-79 victory in IndianaThe 6-foot-8 center has 22 points on 8-of-11 shooting and snags 11 rebounds against the Fever
Leer más »
Philly’s public defenders say staff pay inequity is a racial justice issue — and they need $5.8M to help fix itOne 16-year employee can't afford to live in the city on her current salary and works a second job on weekends to make ends meet.
Leer más »