The average price of gasoline in Sacramento hit $3 a gallon on Tuesday, up about a dime from last week, according to national gas price tracker GasBuddy.com.
Blame it on Hurricane Harvey.
While California refineries produce a specific blend of gasoline for the Golden State, energy analysts said disruptions in the nation’s gas market were set off when the hurricane/tropical storm slammed into the refinery-rich region around Houston.
GasBuddy said the national average price of gas spiked nearly 24 cents over the past week to $2.64 a gallon.
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“Thanks to Harvey shutting down an extensive amount of refining capacity, the national average gasoline price saw its largest weekly jump since Katrina hit the Gulf Coast in 2005 when the national average jumped 49 cents in a week,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “Every state has seen average gas prices rise.”
DeHaan added, “We now turn our attention to Hurricane Irma … The situation promises to be challenging if Irma threatens the U.S. mainland.”
Sacramento’s current average price of gasoline is up about 15 cents from a month ago and about 45 cents from this time last year.