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California Gas Prices Shoot Up Dramatically

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Gas pump in San Francisco. (David Paul Morris/Getty Images)

Gas pump in San Francisco. (David Paul Morris/Getty Images)

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SAN FRANCISCO (CBS/AP) — Californians woke up to sticker shock Friday as overnight gasoline prices jumped by up to 20 cents a gallon in some areas, prompting some stations to close and others to charge more than $5 a gallon.

The AAA Daily Fuel Gauge report says the average price of gas across the state was nearly $4.49 a gallon—highest in the nation.

In Southern California, the price jumped 20 cents a gallon to $4.53 in Ventura and 19 cents to nearly $4.54 in the Los Angeles-Long Beach area.

>>Pump Patrol: Find Cheaper Bay Area Gas

In San Francisco, a gallon of regular gas is nearly $4.60. In many areas, prices have jumped 40 cents in a week.

Refinery problems have helped send wholesale prices soaring.

Some stations ran out of gas and closed Thursday rather than pay those costs. The Los Angeles Times (lat.ms/OGwEV2) says some Costco stations closed.

(Copyright 2012 by CBS San Francisco. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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  • http://sf.streetsblog.org/2012/10/05/todays-headlines-906/ Today’s Headlines | Streetsblog San Francisco

    [...] Gas Prices Skyrocket Suddenly Across State (CBS) [...]

  • http://www.2251wallst.com/2012/10/05/gas-prices-in-california-are-out-control-more-stations-now-charging-5-a-gallon/ 2251 Wall St » Gas Prices In California Are Out Control, More Stations Now Charging $5 A Gallon

    [...] Refinery outages and a unseasonably warm weather caused gas prices to shoot up by 20 cents a gallon overnight in California, prompting some stations to close and others to charge more than $5 a gallon, the AP reports. [...]

  • http://www.reallibertymedia.com/2012/10/real-liberty-media-news-october-05-2012/ Real Liberty Media News Blog – 2012-10-05 | Real Liberty Media

    [...] 1.5 x US Annual Silver Production on Futures Market in 5 Minutes on NFP Release | SilverDoctors.comCalifornia Gas Prices Shoot Up Overnight « CBS San FranciscoJobless rate falls to 7.8%, lowest since 2009 – Economic Report – [...]

  • http://sf.helloblvd.com/california-gas-prices-shoot-up-dramatically-cbs-san-francisco/ California Gas Prices Shoot Up Dramatically « CBS San Francisco | HelloBlvd Cities | Hello Blvd | HB | HBC

    [...] here: California Gas Prices Shoot Up Dramatically « CBS San Francisco Tags: audio, business, chicago, culture, dallas, deals, development, facebook, health, houston, [...]

  • http://www.martynpavey.com/so-much-for-cheaper-gas-pump-prices-go-haywire-in-california/ So Much for Cheaper Gas: Pump Prices Go Haywire in California » |

    [...] but how quickly they’ve risen that’s agitating drivers in the Golden State. Some stations have hiked prices 20¢ per gallon overnight in the past week, while a station in Mountain View couldn’t wait for the nighttime lull to make [...]

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