Don't spend it all in one place - an average gallon of regular in the L.A. area fell ever so slightly in the last week, to $4.288, according to the government survey. Might not seem like much, but it's the first time that prices have fallen since Nov. 29 - and most likely they will continue to trend downward, provided that the price of oil doesn't resume its climb. How far will gas fall? The prediction du jour seems to be 50 cents a gallon by summer. But given the market volatility, that's little more than a guess.
More by Mark Lacter:American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Previous story: What will Sumner Redstone say at USC commencement?
Next story: Tuesday morning headlines
New at LA Observed
On the Media Page
Go to Media
On the Politics Page
Go to Politics
Arts and culture
Go to Arts and culture
Sign up for daily email from LA Observed