If theres any good news in AAAs latest statewide monthly gas price survey, its this: Be glad you dont live in Los Angeles, where the average price of unleaded regular gasoline is $3.98 a gallon.
AAA said Tuesday that motorists in jurisdictions throughout California were slammed by rising gas prices since the Feb. 11 price survey. The average price of a gallon of regular unleaded statewide is now $3.91 a gallon, up 26 cents from last month.
In Northern California, the average of $3.84 is likewise 26 cents higher than Februarys average price. Sacramento came in at $3.76 a gallon, up a whopping 32 cents from last month.
Nationally, the current national average is $3.49 per gallon, the highest price in nearly six months. Prices have risen for 31 consecutive days.
And things are likely to get worse before they get better.
While retail gas prices are climbing, oil analysts predict higher prices over the next month due to seasonal refinery maintenance and the required switchover to produce summer-blend gasoline, said Cynthia Harris, AAA Northern California spokeswoman. These factors coupled with unexpected market-moving events, such as unplanned domestic refinery maintenance or further escalation of geopolitical tensions with Russia, could cause prices to shoot up even higher.
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