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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.

The lowest prices listed on gasbuddy.com in the Dublin and Pleasanton area are the Arco station at Village Parkway and Amador Valley Boulevard at $4.06 a gallon.

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

George Withers August 15, 2012 at 10:50 am
Let me get this straight, Chevron has an accident at their refinery, and that causes Shell, Union 76, Arco, etc. to raise their prices. I'm sorry, I miss the connection.
George Withers August 15, 2012 at 11:03 am
Using this same logic, If Chevron has an accident at their refinery that caused them to stop production all together, would that not cause Shell, Union 76, Arco, etc. to stop production as well? They could at least provide Free Condoms or KY Jelly at the Pumps!!

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