From California Post · · 50s
LA gas station slashes fuel prices to $4.99
Stars & Stripes offers $4.99 gas in LA amid record diesel costs.
In brief
Stars & Stripes offers $4.99 gas in LA amid record diesel costs. Stars & Stripes gas station in Los Angeles provides $4.99 regular gas, undercutting county average while diesel prices hit record highs. Originally reported by California Post.
Stars & Stripes opens
A new Los Angeles gas station offers regular gas for $4.99 per gallon.
Price undercut
Regular gas at $4.99 is below Los Angeles County's $6.09 average.
Owner explains
Calvin Kalasho says the chain aims to help customers, not overcharge.
Price rises
Gas prices at the station increased to $5.29 for regular by Wednesday.
Diesel record
California diesel prices hit $9.99, the highest ever recorded.
Economist warns
Diesel price spikes could raise inflation and hurt holiday spending.
The bottom line
Stars & Stripes gas station in Los Angeles provides $4.99 regular gas, undercutting county average while diesel prices hit record highs.
