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Hang out at gas stations

It's about the only place where you'll find some good news. The Auto Club's latest survey shows that the average price of regular gas in the L.A. area is $3.507 per gallon, a drop of 8.7 cents from last week. That's well over a buck a gallon lower than at those record highs a few months ago. And it'll get cheaper still: Oil is now trading under $80 a barrel.


More by Mark Lacter:
Barry Diller's many paychecks
Say hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent stories on LA Observed:
Barry Diller's many paychecks
Say hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
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