East Bay Times

Most of nation sees gas prices decline

California drivers wondering whether they will get relief

- By Anthony De Leon

The average national price of regular gas has slipped under $5, marking the first time the closely watched number has decreased in nine weeks, according to AAA.

That's little consolatio­n for California drivers who paid an average of $6.38 a gallon as of Tuesday, but it's an indication that prices will be slightly lower before the July 4 holiday, experts say.

Consumer gas prices dipped slightly in California in recent days, with the state average falling nearly 6 cents over the last week, AAA's survey of gas station prices showed.

Los Angeles County saw its largest daily decrease in the average price for a gallon of regular gasoline since April 13, with prices dropping 1.5 cents to $6.403 on Tuesday.

As in L.A., the Orange County average also has decreased for seventh consecutiv­e days, dropping 1.4 cents overnight to $6.334.

Pump prices are declining in part because of a reduction in demand for fuel, reported by the U.S. Energy Informatio­n Administra­tion, as more drivers change daily routines and prioritize budgets for recreation­al travel, said Doug Shupe, corporate communicat­ions manager for the Automotive Club of Southern California.

Even more important, the wholesale price of oil fell by about 40 cents nationally and by 60 cents in California in the last week, said Marie Montgomery, spokespers­on for the Automotive Club of Southern California.

Montgomery said the drop was due partly to the Federal Reserve's move last week to hike interest rates.

“There's sort of a negative reaction with commoditie­s when interest rates are going to be raised,” Montgomery said. “So that was really the trigger for why we are seeing gas prices now coming down.”

At some California gas stations, prices have dipped below $6 a gallon, Montgomery said. They could fall further if high fuel costs continue creating “demand destructio­n,” as consumers opt to travel less rather than face high prices at the pump.

when companies engage in discrimina­tory advertisin­g using more traditiona­l advertisin­g methods.”

Clarke said “companies like Meta have a responsibi­lity to ensure their algorithmi­c tools are not used in a discrimina­tory manner.”

According to terms of the settlement, Facebook will stop using an advertisin­g tool for housing ads that the government said employed a discrimina­tory algorithm to locate users who “look like” other users based on characteri­stics protected by the Fair Housing Act, the Justice Department said. By Dec. 31, Facebook

must stop using the tool once called “Lookalike Audience,” which relies on an algorithm that the U.S. said discrimina­tes on the basis of race, sex and other characteri­stics.

Facebook also will develop a new system over the next half-year to address racial and other disparitie­s caused by its use of personaliz­ation algorithms in its delivery system for housing ads, it said.

If the new system is inadequate, the settlement agreement can be terminated, the Justice Department said. Per the settlement, Meta also must pay a penalty of just over $115,000.

The announceme­nt comes after Facebook already agreed in March 2019 to overhaul its ad-targeting systems to prevent discrimina­tion in housing, credit and employment ads as part of a legal settlement with a group including the American Civil Liberties Union, the National Fair Housing Alliance and others.

The changes announced then were designed so that advertiser­s who wanted to run housing, employment or credit ads would no longer be allowed to target people by age, gender or zip code.

The Justice Department said Tuesday that the 2019 settlement reduced the potentiall­y discrimina­tory targeting options available to advertiser­s but failed to resolve other problems, including Facebook's discrimina­tory delivery of housing ads through machine-learning algorithms.

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