Spike in Gas Prices Blamed on Refinery Failure

The average price in the county went up by five cents on Wednesday.

The average price of a gallon of self-serve regular gasoline in San Diego County recorded its largest daily increase since Feb. 23 Wednesday, rising 5.8 cents to $4.236—its highest amount since June 1.

The average price has risen for five consecutive days and is 11.5 cents more than one week ago, 8.6 cents higher than one month ago and 40.7 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.

The increases since Monday are the result of a power failure at the Torrance Exxon refinery that may cause it to flare gases for a week, reducing the supply, Marie Montgomery Nordhues of the Automobile Club of Southern California told City News Service.

-City News Service

Joe St. Lucas October 04, 2012 at 12:10 AM
The mobil station by me raised it's prices 20 cents since sunday.
Jason Gazaille October 04, 2012 at 03:31 AM
26 cents at the Valero by my house. I love how we pay because their equipment fails. Makes failures convenient for them, doesn't it? Why don't they just close a couple so they can get 6 bucks out of us??


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