If you think Fresno’s gas prices are substantially cheaper than San Francisco or Monterey, think again.
A recent survey by AAA Northern California found Fresno’s average price for a gallon of unleaded gasoline was $3.09, the same as in Monterey and only slightly lower than the $3.25 in San Francisco. Other cities with gas prices in our range include Oakland and San Jose at $3.12 and Sacramento at $3.
The bottom line is that California, overall, has among the highest gasoline prices in the nation, as usual. On Monday, the state even surpassed Hawaii with the highest gas prices in the U.S. at $3.05. But by Tuesday, Hawaii regained the top spot with gas at $3.06 a gallon. As of Wednesday, the statewide average stood at $2.97.
Analysts say California is leading the nation in gas prices because demand on the West Coast is still very high. Also, with the economy relatively stable, people are willing to spend money on travel.
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“Until supply catches up with demand, or until demand levels off, prices on the West Coast will remain higher,” said Mike Blasky, spokesman for AAA Northern California.
And in case you forgot, California approved a 12-cent increase in the base gasoline excise tax that wont be fully implemented until November.