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Home California

Summer Gas Prices Increase; California Leading With Highest in U.S.

Christie Martin by Christie Martin
Wednesday, June 15th, 2016
in California
0

Chevron gas station on CA-395 in Crossroads at 395 Center.

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Gas prices went up over the past weekend due to the cost of crude oil creeping up the past few weeks AAA reported.  As Americans get set for summer travels, prices are increasing going up. The price of crude oil increased after a couple of unexpected disruptions in production. The cost of a barrel of crude oil increased by over $13 which a increase as little as $1 can manifest itself as a nearly 2.5 cent per gallon increase to consumers.

The National average is $2.38 with California leading the nation for gas cost with the average price being $2.86. Gas prices went up nearly 16 cents this month, which is still over 40 cents below the average just last year. ExxonMobil in Torrance, California will be reopening production of two units this week which should provide some relief.

Regardless of the dislike of the increase, prices are not even close to nearing the $4.67 average in October 2012.

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Christie Martin
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Integrity is unbelievably important when reporting. I believe in getting to the bottom of the story while being sensitive to the fact that the "story" affects real lives.I am committed to bringing important news, events, and other information to those in my community and beyond.


Got News? Contact me at ChristieMartin@247headline.com
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Christie Martin

Christie Martin

Integrity is unbelievably important when reporting. I believe in getting to the bottom of the story while being sensitive to the fact that the "story" affects real lives. I am committed to bringing important news, events, and other information to those in my community and beyond. Got News? Contact me at ChristieMartin@247headline.com

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