Gas prices in SLO County rise again, but just a little

newsroom@thetribunenews.comOctober 8, 2012 

The bad news for San Luis Obispo County drivers is that the price of gas went up again Monday.

The good news: It jumped just a fraction over where it was on Sunday.

The county's average price today stands at $4.747 per gallon, according to the AAA Daily Fuel Gauge Report. On Sunday, it was $4.74.

Most of the cities checked in the AAA survey set new records today for the average price of a gallon of regular unleaded.

The second-most expensive gas is being sold in San Francisco, where it costs $4.738.

The price for a gallon jumped nearly 50 cents in the past week in the San Luis Obispo-Atascadero-Paso Robles area, according to the AAA. Among reasons given by fuel industry experts for the rapid rise are low supplies of gas at a time when refineries are switching to a winter blend used only in California. Some refineries also had maintenance problems that caused them to be closed for a time.

According to the Los Angeles Times, analysts said that the record-breaking climb of California gasoline prices could end as early as today, if the state manages to avoid any new refinery problems.

Analysts said the price jump was already slowing down even as Gov. Jerry Brown decided Sunday to ease the state's gas-blend requirements to allow refiners to process the less expensive winter blend of fuel three weeks early.

Today, the average price of a gallon of regular gasoline in California is up just 1.3 cents overnight, to $4.668 a gallon, according to the AAA Fuel Gauge Report. That is a new record for the state, but prices rose by more than 17 cents a gallon in one 24-hour period last week.

According to another fuel price watch source, GasBuddy.com, California gasoline prices have begun to hold steady for the first time since last week's surge.

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