— LAEDC economist Dr. Christine Cooper on the value of film and television production in Los Angeles County.
What a fine way to kick off 2012: with some apocalyptic gas prices to sucker-punch an already battered economy.
Over the last three weeks, California company Lundberg Survey Inc. finds that gas prices have risen just over 12 cents across the nation. And Lundberg’s president tells Bloomberg Businessweek that we can expect “5 to 7 cents more in price hikes” down the line.