$5 Gas Hits Los Angeles

Prices have risen above $5 for a gallon of premium gas in Los Angeles, California. The picture at left was taken at a Shell station at Olympic Boulevard and Fairfax Avenue.

Wholesale gasoline traded 13 cents higher in the Los Angeles market due to a Friday fire that idled BP Plc’s Cherry Point, Washington, refinery.

{Noam Amdurski-Matzav.com Newscenter}