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Sat Oct 6, 2012, 06:12 AM

AP: Calif. gas prices will rise, then fall next week

Last edited Sat Oct 6, 2012, 07:27 PM - Edit history (1)

GILLIAN FLACCUS, Associated Press
Updated 4:26 a.m., Saturday, October 6, 2012

LOS ANGELES (AP) California gas prices will increase for several more days before leveling off after a temporary reduction in supply triggered a price spike that saw fuming motorists paying $5 or more per gallon in some locations and station owners shutting down pumps in others.

The Golden State leapfrogged Hawaii as the state with the most expensive fuel. The average price for a gallon of regular unleaded across California was nearly $4.49 on Friday, 32 cents more than a week ago and the highest statewide average in the nation, according to AAA's Daily Fuel Gauge report.

The national average is about $3.79 a gallon, the highest ever for this time of year. However, gas prices in many other states have started decreasing, which is typical for October.

The dramatic surge came because of a power outage Monday at a Southern California refinery reduced supply in an already fragile and volatile market, analysts said, but the refinery came back online Friday and prices were expected to stabilize by next week.

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http://news.yahoo.com/calif-gas-prices-rise-then-fall-next-week-082247664.html




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Reply AP: Calif. gas prices will rise, then fall next week (Original post)
pinboy3niner Oct 2012 OP
xchrom Oct 2012 #1
antiquie Oct 2012 #2
xchrom Oct 2012 #3

Response to pinboy3niner (Original post)

Sat Oct 6, 2012, 07:48 AM

1. The refinery operations in Cali need

A criminal investigation.

Have for years.

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Response to xchrom (Reply #1)

Sat Oct 6, 2012, 09:34 AM

2. They do seem to need "emergency" maintenance

Last edited Sat Oct 6, 2012, 11:12 AM - Edit history (1)

at the most questionable times.

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Response to antiquie (Reply #2)

Sat Oct 6, 2012, 09:34 AM

3. ...

indeed!

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