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Gas prices spike across California
LOS ANGELES — It’s still chilly in California, but gas prices certainly haven’t cooled off.
On Friday, the Automobile Club of Southern California said the average price of gasoline in the region saw one of the largest one-month jumps since 2000. Statewide, the average price of regular gasoline was $4.22, up 12 cents from last week.
Gas prices have spiked between 57 and 59 cents over the past 30 days. The region’s largest increase was 70 cents between May and June of 2008.
Auto Club officials said the surge can’t be attributed to a single factor, but refineries were expected to undergo a heavy maintenance schedule, and large amounts of money have been plowed into futures speculating the price of gas and oil would go up.
Californians, however, are used to paying a hefty price at the pump and might be resigned to $4 and more for a gallon of gas.
“We’ve done this before,” said Auto Club spokeswoman Marie Montgomery. “It’s definitely not good for consumers.”
For instance, last year Californians were paying more than $4 a gallon, but there was a slower rise in prices.
Currently, prices in Southern California nearly match the highest cost for a gallon in the nation, which can be found on Maui. The average price of regular gasoline in the Los Angeles area is $4.316 per gallon on Friday; the price in Wailuku is $4.399.
The price in Los Angeles is 11.3 cents more than last week and 57 cents higher than last month. In San Diego, the average price is $4.285, 10.2 cents above last week and 58 cents above last month.
In San Francisco, the price is $4.22. A week ago, it was $4.08 and 56 cents more than what motorists were paying a month ago.
Montgomery said she bought gas Thursday and even after a discount she paid $4.08 per gallon.
“And I should be happy with that?” she said, laughing. “It’s frustrating.”
Discussion | 4 comments
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G-ManFebruary 22, 2013 - 3:52 pm
Forget the gas..Forbes just released it's list of the 12 most miserable cities in America..California took the trifecta w/Modesto,Stockton and Vallejo...Vallejo you guys live there?...Good Grief..I saw pics..looks like a cold war backwater in the Eastern block..My sympathies..you guys shouldn't be posting..youshould be packing...The failed state of California..keep up with the liberalism guys..you'redoing great next year I expect to see at least 2 more Sunshine state "cities on the list...MaybeKirchubel should write a column about this..you know Mike..something truthful...
Reply |Rich GiddensFebruary 23, 2013 - 10:15 pm
Gary---Kirchebel, CD, Minnie and the rest of the liberal rat party contigent will deny it all---California is their idea of an idyllic socialist utopia. But back to gas prices! Gary--California is sitting on top of 500 billion barrels of shale oil---the largest proven reserve in the USA. The news media is silent about it. The politicians out here wont talk about it. The very idea of prosperity, a booming economy and jobs terrifies them because they know that it will ruin their plans to further destroy this horrible state. We have the highest gas prices in the USA. The dummies out here blame Bush, big oil, the 'rich' and anything other then their dumb beliefs and whacko ways. We cant make any progress out here. Its hopeless.
Reply |GFebruary 25, 2013 - 11:58 am
boggles the mind..with all due respect are they proven reserves easily or profitably accessible?
Reply |rich giddensFebruary 22, 2013 - 3:55 pm
Ms. Montgomery sounds like another brain dead Californian who voted Democratic again and then can't understand the consequences of her ballot box choices---This as the news breaks that California sits on top of 500 Billion barrels of shale oil.
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