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California gas prices spike to $4.06 a gallon

State average jumps 45 cents in one month, AAA says
By: Staff Report
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Thanks to a conversion of factors, California has seen the price of a regular gallon of unleaded gasoline spike to $4.06 a gallon in February, an increase of 45 cents since last month.

According to AAA Northern California, the Sacramento region is seeing an uptick of 39 cents from last month, paying $3.89 a gallon for regular unleaded.

The switch to summer-blend gasoline, statewide refinery issues, and a rise in crude oil prices have sent California prices to new highs, according to the latest AAA Northern California monthly gas survey. Many metro areas in Northern California saw an increase of at least 31 cents per gallon over the past month, AAA Northern California said in a release Tuesday.  

Gas prices today are 22 cents more expensive than California’s average price at this time last year. Among all 50 states, California has the second highest state average price for regular, unleaded gasoline. Hawaii is the highest at $4.24.

“The price of gasoline in California rose above $4 per gallon on Friday, marking the first time since Nov. 3, 2012, when California was last above this level, that a state average in the continental U.S. has exceeded this threshold.” Cynthia Harris, AAA Northern California spokesperson, said in a release.

Northern California gas prices are now averaging $3.95 a gallon, a change of 39 cents in price from last month’s report. In the San Francisco Bay Area, motorists can expect to pay an average price of $4.03, which is up 35 cents from last month. The California state average price of $4.06 is 46 cents more than the national price of unleaded regular gasoline, $3.60.

The least expensive average price in Northern California can be found in Modesto, where regular is $3.84 per gallon. Of all the metro areas in Northern California, where gas prices are tracked by AAA, Eureka has the highest average price at $4.15. The highest price of gasoline in the nation’s metro areas is in Hilo, Hawaii, at $4.26 per gallon.