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Why gas prices are going up

Lindsay Barnett Lindsay Barnett·88 videos
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Published on Oct 5, 2012

Read more: http://lat.ms/PYievn
If it seems as if gas prices shot up while you were sleeping, they actually did. The average price for a gallon of regular gasoline in California jumped a whopping 17.1 cents overnight. That makes it almost certain that the state's motorists will see a new all-time record high for gas sometime this weekend.

What's going on? Patrick DeHaan, senior petroleum analyst at the GasBuddy.com website, and The Times' energy editor Nancy Rivera Brooks join consumer columnist David Lazarus to explain.

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Top Comments

  • FreedomsReigning

    Maybe San Francisco should pay a hundred dollars a gallon as punishment for Nancy Pelosi and her carbon taxing agenda?

    Know what a Malthusian is?

    Once a person decides humans are just animals destroying the environment, genocide becomes a loving act where they imagine themselves SAVING humanity from overpopulation.

    It's kind of like being a game warden, except replace deer with people, and a hunting license with carbon taxes. It's rent taking, a Malthusian lever, and Nancy knows it.

    · 5

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  • NewportSnooze

    I hope you dumbass liberal Californians have to pay $10 gas.

    · 3

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All Comments (51)

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  • Imre Csoka

    We pay 13 bucks almost per litre here in South Afirca.

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  • Don May

    obama is doing it to the poor dumbass that voted for him .go you dumbass vote for him again

    ·

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  • Erin Frazier

    Venezuela currently pays $0.18 a gallon...and we pay $4.25?

    Yet no one seems to make the corrulation between the federal reserve endlessly printing money and the devaluation of the American dollar due to Quantitative Easing.

    Liberal America is so stupid

    ·

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  • SpiffyNips

    WHOEVER WANTS $2.00 A GALLON GASOLINE. CREATE AN ACCOUNT (VERY SIMPLE) AND SIGN MY PETITION AT THIS GOVERNMENT WEBSITE wh(dot)gov(slash)9fjo .. I NEED 150 SIGNATURES FAST!! MY PETITION IS FOR THE FEDERAL GOVERNMENT TO OPEN FUEL RETAIL CENTERS AND SELL GASOLINE FOR $2.00 A GALLON. ANY PRICE INCREASES WOULD BE SMALL AND TIED TO LOCAL ECONOMIC PERFORMANCE. PEOPLE COULD STILL BUY $5.00 GAS FROM SHELL AND CHEVRON IF THEY'D LIKE TO.

    ·

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  • Dash Cam

    Today in Bangkok they have world parity pricing!

    Diesel is 29.79 THB = 0.969411 USD per litre = $3.67 per US gallon

    Unleaded 91 43.05 THB = 1.40091 USD per litre $5.30 per US gallon

    Unleaded 95 47.90 THB = 1.55874 USD per litre $5.90 per US gallon

    ·

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  • Dana Lee

    Great info. Please ck out this short video for an easy solution: wwwdotdanabasedotinfo

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  • Kevin Town

    In the End...The Meek will hunt down the rich & kill them for what they have done.

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  • fairyheli2

    still 3 times cheaper than it is in England

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