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U.S. Gas/Petrol Prices Soar in November

November 13, 2007

Gas prices increased rapidly over the past month throughout Southern California, jumping by an average of a penny a day for the last four weeks, according to the Automobile Club of Southern California monthly Fuel Gauge Report.

The Southern California November average price for regular self-serve gasoline is $3.355, up nearly 30 cents from Oct. 16 and 86 cents higher than the same time last year.

“With oil prices at $90 to $100 a barrel, motorists around the country are feeling the effects, and most states have average prices of at least $3 a gallon,” said Auto Club spokesperson Carol Thorp. “This is traditionally a lower-demand time of year for gasoline, and it remains to be seen whether the usual drop in demand will materialize and begin pushing prices back down soon.”

California has now surpassed Hawaii, where regular unleaded is averaging $3.322 a gallon, as the most expensive state for gasoline in the U.S. The Golden State’s average price for November is $3.385, up 32 cents from $3.069 in October. The state’s lowest average price is in Glendora, where regular sells for $3.239. Tahoe City has the state’s highest average at $3.599.

Nationally, the average price is $3.105, up 35 cents from $2.759 in October. New Jersey has the lowest average price, at $2.905.

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