Check this out, our country is acting like a crack addict.
Soaring gas prices across California have forced some station owners to shut off their pumps while people change their driving habits or, in some cases, avoid driving all together.
A gallon of regular gas was $5.69 Thursday in Calabasas, while a gallon of super costs $5.89 with cash and $5.99 with credit. Such prices are causing pain at the pump for many drivers who might see an 11-cent increase by later this morning, which means some could be paying more than $6 a gallon.
Watch the video!!
Gas prices in Oakland, Yikes! The photo speaks for itself.
Gas Prices Spike as Wholesale Supplies Dwindle
Many retailers are refusing to buy at high prices. Those who do are charging as much as $5.79 for a gallon of regular.
California drivers may have to wait until November to see any relief at the pump, analysts say.
The state’s gas prices surged 17 cents last night and have spiked 36 cents in the past week.
A confluence of factors have caused Golden State gas prices to jump, including refinery outages and pipeline disruptions.
But the most persistent driver has been the government’s mandate that summer blend gasoline be sold through Oct. 31, AAA analyst Avery Ash told us by phone.
Wholesalers have begun petitioning the EPA for waivers to switch to winter blends for some early relief, he said.
Without that relief, prices could top the state’s 2008 record of $4.61 early next week.