Business & Real Estate

Sacramento-area gas prices rise another 8 cents in a week’s time

Lydia Holland replaces the gas nozzle after filling up at a gas station in Sacramento, Calif. Over the past two weeks, local at-the-pump costs have spiked 18 cents, rising over that time from an average of $2.08 a gallon, the lowest level since the recessionary period of late 2008. Local prices are still $1.03 below last year’s level.
Lydia Holland replaces the gas nozzle after filling up at a gas station in Sacramento, Calif. Over the past two weeks, local at-the-pump costs have spiked 18 cents, rising over that time from an average of $2.08 a gallon, the lowest level since the recessionary period of late 2008. Local prices are still $1.03 below last year’s level. AP

The average retail price of gas in the Sacramento-area is now $2.26 a gallon, according to Monday’s report by national gas price tracker GasBuddy.com. That’s up more than 8 cents from last week.

Over the past two weeks, local at-the-pump costs have spiked 18 cents, rising over that time from an average of $2.08 a gallon, the lowest level since the recessionary period of late 2008. Local prices are still $1.03 below last year’s level.

GasBuddy said Monday that the average price of gas in the Golden State was $2.45 a gallon, up 6 cents from $2.39 a week ago.

There will be more upward pressure on Northern California gas later this month, when in-state refineries start the transition to pricier spring/summer-blend gasoline.

Mark Glover: 916-321-1184, @markhglover

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