LI gas prices continue to climb

Ugh! Gas Prices 50.2¢ Higher Than 1 Year Ago

LI gas prices continue to climb

In Sacramento, the average was $3.42 a gallon, a 16-cent spike in one month and nearly 52 cents higher than this time past year.

Locally, prices are lower, with the Lincoln average sitting at just under $2.63 a gallon and the state average at $2.59, according to AAA.

What's worse? While analysts are predicting a 15-cent surge this week, "Prices could rise even more, depending on how the crude market responds to the latest news of a US missile strike over the weekend", AAA spokesman Mark Jenkins said.

"The rest of the country is adjusting to those higher wholesale prices and we just haven't gotten there yet", Jenkins said.

The report notes, "regional differences in retail gasoline prices can be significant".

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San Francisco - $3.65/g, up 3.1 cents per gallon from last week's $3.62/g.

States with the lowest average prices last week included: Missouri ($2.42); Oklahoma and Arkansas ($2.43); MS ($2.45); SC ($2.46); Louisiana ($2.47); Kansas and Texas ($2.48); Alabama ($2.49); and Wyoming ($2.50).

Look for already-high gas prices to spike following Friday's air strikes against Syria by the United States and its allies.

On Monday, national gas price tracker GasBuddy.com put the average retail price of gas in California at $3.54 a gallon, up 17 cents from a month ago and a almost 54-cent increase over previous year.

The nationwide average was $2.71 a gallon, up 18 cents from last month.

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"The seasonal surge at gas pumps is in full motion, causing the most dreaded time of year for fearful motorists, especially of what may still be coming", said Patrick DeHaan, spokesman for GasBuddy. Refinery maintenance has gone well thus far, and gasoline supply has continued to push higher as more refiners conclude their work.

$3.06/g in 2017, $2.60/g in 2016, $3.08/g in 2015, $4.31/g in 2014 and $4.38/g in 2013.

That means, "the reasons gas prices rise will shrink", DeHaan said.

According to GasBuddy, which tracks fuel prices, motorists weren't seeing much of a difference in prices at Manatee ($2.56 average) and Sarasota ($2.57) outlets.

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