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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 Danville is $3.99. That can be found at the Arco on Boone Court and San Ramon Valley Boulevard.

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.

Sam Clemens August 17, 2012 at 05:33 AM
Those damned colluding oil companies. How dare they raise prices just because the replacement fuel for the shutdown refinery has to come from farther away than Richmond. They need to serve the public good and disregard the law of supply and demand. And don't tell me that the green and ither regulatory impediments to adding refining capacity in NorCal has anything to do with our high cost of fuel. My 19 year ild son says the gas is too damned high. He thinks it's the d's fault for stifling drilling, fracking, and promoting ethanol. What does that silly 19 year old know! It's just greed greed greed.

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