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Gas Prices Close-In On Record Territory
Friday, April 20, 2007
Gasoline prices keep climbing in San Diego. The Auto Club says prices are now moving closer to record territory. KPBS reporter Ed Joyce has details.
The Auto Club says it's costing us more money to fill-up our gas tanks in San Diego.
The Auto Club's Carol Thorp : Well as of today the average price of regular self-serve unleaded is $3.36, and the all-time high was $3.44. So you're about eight-cents off the all time record which was set last May.
Thorp says California continues to have the highest gas prices in the country. She says one reason is that the state has fewer refineries. Thorp also says profit-taking by companies is also leading to price hikes. She says Southern California gas prices have risen nearly 35-percent the past four months.
Ed Joyce, KPBS News.
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