Gasoline prices have reached unprecedented levels in Northern California, up an average of 13 cents a gallon in the last month, a new survey says. The report from the California State Automobile Association shows that the cost of a gallon of gas has crept past $2 for the first time. On average, drivers pay $1.98 a gallon for self-serve in the upper half of the state, passing last July's record $1.88.
Severin Borenstein, director of the energy institute at University of California at Berkeley, says plans to lower the price by slight boosts in oil production will not have a big effect. The only way to reduce prices is to produce significantly larger amounts of oil and increase California's refinery capacity - both of which he says are unlikely events.
(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.