LA Times · Jul 13, 2015
Drivers angry, resigned about gas price spike
Gas prices spiked over the July 11 weekend. Gas at this Shell station on Atlantic Blvd in East Los Angeles was $4.59 for regular. ( Lawrence K. Ho / Los Angeles Times )Los Angeles-area drivers saw a 40-cent increase in gas prices from Friday to Monday, but relief is coming.
Wholesale prices have eased up a bit, meaning retail prices at the pump will also start to drop. By Wednesday, the huge increases seen over the weekend will likely taper off, but they won't fall as quickly as they rose.
"They definitely do not drop as they rise," said Allison Mac, petroleum analyst for Gas Buddy.