Enjoying paying that $2.20 at the pumps the past few days? Well, then, good. You're gonna love this: According to the L.A. Times, high gas prices aren't going away anytime soon.
Sez the paper: In the last week, the price of self-serve regular jumped more than 20 cents to an average of $2.152 per gallon in Los Angeles County, according to the Automobile Club of Southern California. That's not the record; according to Auto Club statistics, that was $2.18 a gallon, set in March 2003.
This year's increase — 51 cents per gallon so far — is being blamed on a spate of malfunctions that reduced gasoline output at several of the state's refineries. That gave a swift kick to prices that were already riding higher because of the escalating cost of crude oil, the base ingredient in gasoline.
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