Finally, we're seeing significant declines - an average gallon of regular in the L.A. area fell nearly 10 cents in just the last week, to $4.16, according to the government survey. Gas remains way higher than it was last fall, but at least the lower prices will provide relief - psychological as much as anything else. It might also lead to a busier Memorial Day weekend than has been expected by the Auto Club.



Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.