• The average cost of gas in Fresno rose 75 cents in a month.
• Prices are rising despite record gasoline production nationwide.
• Price increase attributed to an explosion at a refinery, maintenance and the switch to a summer blend.
The average price of a gallon of unleaded gasoline in Fresno skyrocketed 75 cents in the last month to $3.38 a gallon, according to AAA of Northern California.
Prices rose 72 cents in the Visalia-Tulare-Porterville area to an average $3.31 in the last month.
AAA released its monthly gas price report Tuesday.
Prices are climbing dramatically, despite U.S. gasoline production hitting record levels and global supplies staying “strong,” AAA said in a news release.
Some of the increase is coming from the typical rise in prices that happens this time of year as refineries do maintenance and prepare to switch to the cleaner-burning yet more costly to make summer blend of gasoline. Other supply issues are also contributing to the dramatic increase in recent weeks, including an explosion at ExxonMobil’s refinery in Torrance last month, according to AAA. Production is also limited at Tesoro’s refinery in Martinez after recent maintenance.
The global price of oil also remains volatile.
In California, gas prices averaged $3.43 a gallon, up 78 cents from last month.
In contrast, prices nationwide are up 27 cents a gallon to an average $2.45.