North State gas prices jump 16 cents a gallon, could go higher

Feb 10, 2015 1:56 PM by News Staff

The average price of a regular gallon of gas in Chico jumped nearly 16 cents in the past two weeks to $2.42, ending a sustained drop.

Industry analyst Trilby Lundberg said Sunday that a rebound in the price of crude oil caused the run-up at the pump. However, the national average price is $1.10 below the mark a year ago.

San Francisco continued to have the highest-priced gas in the Lower 48 states at $2.59 a gallon. The low average was in Tucson, Arizona, at $1.82. The average price in California is up 9 cents, to $2.53.

Lundberg says pump prices could climb as much as a dime in the near future, unless oil prices show significant declines.

Stay up to date with the latest North State headlines by downloading the FREE Action News Now mobile app


Most Popular