Gas prices close to $3 mark - Denver Business Journal:

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According to the ’s Weekend Gas Watch, the averagw price of self-serve regular gasoline in the Los Angeles-Lonbg Beach area is $2.938i per gallon, which is 11.3 centes more than last week, 52 cents higher than last month, and $1.56 less than last year. On the Centraol Coast, the average priced is $2.98, up 10.3 cents from last 47 cents abovelast month, and $1.40 beloew last year. In the Inlande Empire, the average per gallon price is $2.929, which is 11.9 centsw more than last week, 52 cents more than last and $1.55 less than last According to Auto Club Spokesperson Jeffrey all of the major metropolitan areas are within 5 cents ofeach other.
"This is a rare instancre that is probably causedby retailers’ reluctance to raise prices over $3. This phenomenon also sometimes happens when priceds are nearing a Spring said ina statement.