Gas Prices Rise Overnight In Palm Springs, Again
The average price of a gallon of self-serve regular gasoline in the Inland Empire rose today to its highest amount since Sept. 4, 2008, increasing 3.2 cents to $3.828.
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The 30th increase in 31 days pushed the average price in Riverside and San Bernardino counties 19.6 cents higher than a week ago, 46.6 cents above what it was one month ago and 81.2 cents greater than it was one year ago, according to figures from the AAA and Oil Price Information Service.
Analysts attribute the rising prices to increasing prices for imported crude oil stemming from the unrest in the Middle East and North Africa.
Crude oil costs account for two-thirds to three-quarters of the price of a gallon of gasoline, according to Tupper Hull of the Western States Petroleum Association, a trade association representing oil companies in six western states.
“As we get closer to the $4 a gallon mark, it’s interesting to note that average prices are becoming much closer between all cities in California, even though there is usually at least a 15-cent gap in average prices between the lowest and highest-priced areas,” said Jeffrey Spring of the Automobile Club of Southern California.
