economy
March 14, 2026
Gas prices are soaring
A Chevron station just outside downtown charges more than $8 a gallon – nearly $3 more than the city’s average
TL;DR
- A Chevron station on Alameda Street in Los Angeles is charging $8.31 per gallon of regular gas.
- This price is significantly higher than the Los Angeles average of approximately $5.37 per gallon.
- The station owner, Hawk II Environmental Group, has faced previous complaints about high prices and other charges.
- While prices are high, they may not be illegal price gouging unless tied to a declared emergency.
- Factors influencing gas prices include location, rent, operating costs, and fuel sourcing.
- Stations often make more profit on drinks and snacks than on gasoline itself.
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