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US gas prices jump 26 cents in last month

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(Miguel Villagran/Getty Images

CAMARILLO, Calif. (AP) — The average price of a regular gallon of gas jumped 13 cents in the past two weeks to $2.33, repeating the hike seen two weeks prior for a total 26 cents rise in the last month.

Industry analyst Trilby Lundberg said Sunday that the rise follows months of crashing prices and is still $1.08 per gallon less than a year ago. She attributed the rise to an increase in crude oil prices in mid-January and labor strikes at several refineries.

In Southern California, prices also rose following an explosion at ExxonMobil’s Torrance refinery.

Los Angeles saw prices jump more than 35 cents making it the highest-price gas in the lower 48 cities surveyed, at $2.91.

The low average was in Salt Lake City at $1.91.

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2 comments

  • Kenneth Briggs

    yep lets look at the high prices here in Napa , Ca and go over to Clearlake , Ca and then go up the coast up on 101 to Eureka , Ca and look at those prices . it is all b s what is with this crap ?

  • Alex

    Actually, gas prices jumped a whole dollar in 40 days here in L.A. Since the third week of January, gas prices were at around $2.25 per gallon for 87 octane fuel. Now, it’s at $3.25!!!!! Someone needs to stop these petrol cartels.