Tue, Jul 22, 2014, 11:08 AM EDT - U.S. Markets close in 4 hrs 52 mins

Recent

% | $
Click the to save as a favorite.

iPath S&P 500 VIX ST Futures ETN Message Board

  • trycure2 trycure2 Feb 1, 2013 11:25 AM Flag

    G@soline prices keep climbing!!!!

    San Diego County gasoline price rises sharply again
    Posted: Feb 01, 2013 9:49 AM EST
    Updated: Feb 01, 2013 9:51 AM EST

    Gas Price TrackerSAN DIEGO (CNS) - The average price of a gallon of self-serve regular gasoline in San Diego County rose 6.5 cents Friday, its largest daily increase since Oct. 6, to $3.885, its highest amount since Nov. 9.

    The average price has risen six of the past six days and is 17.4 cents more than one week ago, 26.4 cents higher than one month ago and 10.6 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.

    "The usual culprits are being listed as reasons for the spike -- high oil prices, Middle East tension, local refinery incidents and refineries being brought down for maintenance as they prepare to produce the summer blend of gasoline," said Jeffrey Spring of the Automobile Club of Southern California.

    "But perhaps equally if not more importantly, say oil industry analysts, financial market managers see refined gasoline as a `sure bet' for their clients' portfolios. Big investment money is flowing earlier and earlier into gasoline trading, ahead of the usual `spring spike.'

    "Southern California is a particularly vulnerable market for shortages because it has no inexpensive alternatives if local refinery production is down, and traders are aware of this."

    /

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
VXX
27.62-0.89(-3.12%)11:08 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.