Today in Los Angeles, oil companies are selling each other gas at $1.26 per gallon, one of the lowest prices in the nation. But the average price at the pump is $2.69 per gallon, one of the highest in the nation. These prices are, however, a dollar cheaper than they were last year...."
http://www.cbsnews.com/news/are-california-drivers-being-taken-for-a-ride-with-gas-prices/
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