Community Corner

Gas Prices Report: Aug. 12

Financial analysts predict a major decrease in gas prices in the coming weeks due to expectations that the world's economic markets are headed for a downturn.

With Wall Street stocks doing the conga, the Los Angeles Times reported this morning that due to fears of a worldwide downturn, oil prices are suspected to sag as well, which means lower prices at the pump. Experts say that gas prices could drop as much as 50 cents a gallon in the coming weeks. 

Culver City Patch will be watching the gas trends in town, and here is this week's roundup of the cheapest nearby gas, courtesy of gasbuddy.com:

1. ARCO
    6330 W Slauson Ave. (on the corner of Sepulveda Boulevard)
    $3.63

Find out what's happening in Culver Cityfor free with the latest updates from Patch.

2. ARCO
    5884 Washington Blvd. (on the corner of La Cienega Boulevard)
    $3.63

3. Super Petrol
    11284 Venice Blvd. (on the corner of Sawtelle Boulevard)
    $3.69

Find out what's happening in Culver Cityfor free with the latest updates from Patch.

4. Costco (for members only)
    13463 Washington Blvd. (near Glencoe Avenue)
    $3.69  

5. Shell 
    3801 Sepulveda Blvd. (near Venice Boulevard)
    $3.75  

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