LA's Union Station Chevron Becomes Icon of Price Shock
TL;DR Summary
A Chevron station by Union Station in Los Angeles is infamous for sky-high gas prices, currently around $8.71 for regular amid tensions over Iran and a volatile oil market. The price jump, higher than nearby pumps, has long made the station a go-to backdrop for media reports on fuel costs. Industry observers say location, high rents and operating costs drive such spikes, and volumes have declined as electric vehicles gain popularity, with owners nervously watching prices rise to cover costs.
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- California Diesel Prices Top $7 a Gallon to Hit Record High Bloomberg.com
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