Retail Gasoline  & Diesel Price Report

  Saturday, May 17, 2008
 

  

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May 10th Newsletter

The Man Who Sold Hot Dogs- xx There was a man who lived by the side of the road and sold hotdogs.
He was hard of hearing so he had no radio, he had trouble with his
eyes so he read no newspapers.
But he sold good hotdogs. Then something happened.

    

Regular gasoline prices in other cities as of  Saturday, May 17

Major Brand Pricing

Anchorage $3.89
Atlanta $3.99
Boise $3.75
Boston $3.95
Chicago $4.27
Denver $3.79
Honolulu $3.85
Houston $3.79
Kansas City $3.71
Las Vegas $3.77
Miami $4.05
Minneapolis $3.79
New Orleans $3.71
New York City $4.19
Omaha $3.79
Philadelphia $3.95
Phoenix $3.65
Portland OR $3.89
Salt Lake City $3.69
Seattle $3.99
St. Louis $3.89
Wichita $3.69

  

  

Oil Prices Surge, Shatter Previous Record

Oil prices surged more than $3 Friday, shattering a previous record in a spike near $128 a barrel as robust global demand for distillates continued to pull energy futures higher.
Saudis See No Reason to Raise Oil Production

Saudi Arabia's leaders made clear Friday they see no reason to increase oil production until customers demand it, apparently rebuffing President Bush amid soaring U.S. gasoline prices.
Memorial Day driving to drop slightly - AAA

For the first time since just after the Sept. 11 attacks, Americans plan to drive less on Memorial Day weekend than they did the year before, with high gasoline prices in a weak economy a prime reason, according to a AAA study released Thursday.
200 Drivers Camp Out For $1.00 Gallon Gas WATCH

A radio station in East Haven, Connecticut teams up with a gas station to briefly sell gasoline at 99 cents a gallon. Take a look here.
Outdated Gas Station Pumps Can't Sell Fuel Over $3.99

The pumps, throwbacks to a bygone era on the American road, are difficult and expensive to upgrade, and replacing them is often out of the question for station owners who are still just scraping by.

National Average

Regular Gasoline Prices

Today - 05/17

3.799
Yesterday 3.789
One Week ago 3.709
One Month ago 3.449
One Year ago 3.159

Petroleum Today  (05/16)x

Open

Close

Change

Nymex Crude Future ($bbl)

$124.12

126.29

+ $2.17

 **  NEWS FLASH **  Crude rose Friday above $127 a barrel for the first time on expectations China will boost diesel imports after an earthquake.

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Updated Saturday, May 17, 2008  8:09 AM Pacific Time
Retail Prices Regular Mid Premium Diesel
Current National Average  (AAA) $3.799 $4.029 $4.179 $4.509
Southern California Average  (JLZ) $3.959 $4.059 $4.159 $4.819
Northern California Average  (JLZ) $3.979 $4.079 $4.179 $4.799
California Average Retail

Regular

Mid

Premium

Diesel

San Diego / North County

$3.999

$4.099

$4.199

$4.799

Riverside / San Bernardino

$3.939

$4.039

$4.139

$4.819

Bakersfield

$3.979

$4.079

$4.179

$4.799

Anaheim

$3.859

$3.959

$4.059

$4.839

Long Beach

$3.899

$3.999

$4.099

$4.779

Torrance / Redondo Beach

$3.919

$4.019

$4.119

$4.799

Los Angeles / Hollywood

$3.939

$4.039

$4.159

$4.819

Encino / Woodland Hills $3.979 $4.079 $4.179 $4.839
Thousand Oaks

$3.959

$4.079

$4.179

$4.819

Ventura

$4.059

$4.159

$4.259

$4.799

Santa Barbara

$4.139

$4.239

$4.339

$4.859

San Luis Obispo

$4.039

$4.139

$4.239

$4.859

Fresno

$4.039

$4.139

$4.239

$4.799

Merced

$4.039

$4.139

$4.239

$4.699

San Francisco

$4.059

$4.159

$4.259

$4.859

Oakland

$3.999

$4.099

$4.199

$4.839

San Ramon

$3.959

$4.059

$4.159

$4.839

Walnut Creek

$3.959

$4.059

$4.159

$4.799

Menlo Park / Palo Alto

$3.999

$4.099

$4.199

$4.839

San Jose

$3.999

$4.099

$4.199

$4.799

Santa Clara $3.999 $4.099 $4.199 $4.799
Santa Cruz / Watsonville

$3.999

$4.099

$4.199

$4.799

Sacramento

$3.979

$4.079

$4.179