Gas Prices Rise 40 Cents Per Gallon In One Month

The Chevron accident and other factors have caused prices at the pump to skyrocket in August

Chances are you're paying $4 to $8 more to fill up your car than you did last month.

The California State Automobile Association reports the average price for a gallon of unleaded regular gasoline in the East Bay is now $4.12.

That's 27 cents higher than a week ago and 41 cents higher than a month ago.

On gasbuddy.com, the cheapest price listed for regular unleaded in Castro Valley is $3.99. ARCO on Castro Valley Blvd. and Wisteria St., Quick Stop and Stop N Save are all selling gas at this price.

In San Leandro, the cheapest price listed for regular unleaded is $3.95 at the Shell station at 2175 Marina Blvd. and Doolittle Dr.

However, San Lorenzo is sellign some of the cheapest regular unleaded gas at $3.79 at Via Enrico gas station located at 15595 Washington Ave. and Via Enrico.

The average throughout California is $4.10 for a gallon of regular unleaded. Nationally, the average price is $3.70.

CSAA officials say the primary reason for the quick jump in prices was theat the Chevron refinery in Richmond.

“The recent fire at the Chevron refinery in Richmond has created a short-term spike in gas prices across many parts of the Pacific Northwest and Nevada,” said CSAA Northern California spokesperson Cynthia Harris. “It still remains to be seen how long the impact of the fire will be felt. Meanwhile, across the United States, positive economic news has been putting upward pressure on oil prices.”

Do you think prices have jumped too quickly? Let us know in the comments section

Larry Smith August 17, 2012 at 02:13 PM
The sky is definitely falling; just like it does every year. The refinery didn't replace an aged pipe and it led to a devastating fire that is causing the refinery to shut down for repairs. This, of course, has led to the "annual" price increase that oil companies have foisted upon their biggest customer in the United States, the citizens and businesses of the state of California. This happens every year, and we can almost set our clocks to it. Now will come the Congressional hearings set up by an outraged California delegation hellbent on "not" getting to the bottom of this annual, almost-Shakespearean tragedy. They, of course, will find out nothing. We all know that our Senators and Congress cannot find the noses on their faces in order to wake up and smell the proverbial coffee. So we will continue to have our annual California refinery fires/outages. There will be hearings to determine absolutely nothing. The oil companies will get richer while we get poorer. Yeah, that about sums it up. See you at the pumps!
Ken Martin August 17, 2012 at 02:47 PM
Our representatives in Washington, D.C., might as well be classified as employees of the oil companies. Big Oil speaks, they jump, put on a dog and pony show, and go back to oil business as usual. If you expect anything more, you're deluding yourself. The gasoline pump price game is a manipulated racket from which we should be able to expect some protection from the people in D.C. that we pay to do this sort of thing. The problem is that we don't pay them as much as the oil companies do!!
Dalamar August 17, 2012 at 06:25 PM
We the people have had the privilege of receiving the bill for the cost of the Iraq war totaling $807 billing and counting. The only purpose of that dog and pony show was to get Iraq's oil.(bbc.co.uk/2/hi/4354269.stm) Now the big oil corps have access to the 2nd largest oil reserves in the world, thanks to We the People to have the privilege to now buy gas from these same oil companies. "Prior to the 2003 invasion and occupation of Iraq, US and other western oil companies were all but completely shut out of Iraq's oil market," oil industry analyst Antonia Juhasz told Al Jazeera. "But thanks to the invasion and occupation, the companies are now back inside Iraq and producing oil there for the first time since being forced out of the country in 1973."- www.globalresearch.ca/index.php?context=va&aid=28543 Oil Corps are about socializing the costs and privatizing the profits. No wonder they are making record profits. Gross Income (we buy at the pump) - cost (We the People pay for the war in taxes) = Profit (oil corps). Adding insult to injury, they have equipment failure and we get to pay even more. Outstanding.


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