Gas Prices Are Exploding In California And Experts Expect Them To Get A Lot Worse

Business Insider ^ | 10/4/2012 | Gary Richards

[tobyhill]

When Errol Emrich drove by a Shell station in his San Jose neighborhood last weekend, regular gas was selling for $4.05 a gallon. On Monday, it was $4.15. On Tuesday, $4.25. And this weekend? Analysts say it could reach a whopping $4.40. Problems at California refineries have slashed supplies across the state, cutting fuel production and raising wholesale prices -- the price stations pay for their gasoline -- by as much as 73 cents, to levels not seen since 2007. And that almost certainly will boost prices at the pump again soon. "California gasoline prices may surge in the next five days, perhaps to levels higher than February's $4.33-a-gallon average," said Patrick DeHaan, an analyst with Gasbuddy.com. "It is within the realm of possibility that average prices reach near $4.40 or even higher if the situation worsens."

[Sarah Barracuda]

Thanks for giving me the info about Prop 32. I had seen ads for it(Both for and against) but wasn’t sure what it was all about..now that I know I will definitely vote YES on Prop 32. I hate unions, they are destroying this state bit by bit so anything that unions oppose I am for