Inland Empire Gas Prices Rise To Highest Since Fall 2008

RIVERSIDE (CBS) — The average price of a gallon of self-serve regular gasoline in the Inland Empire rose Monday to its highest amount since Oct. 7, 2008, increasing 1.3 cents to $3.53.

KNX 1070’s Pete Demetriou Reports

The 18th increase in 19 days pushed the average price in Riverside and San Bernardino counties 11.4 cents higher than a week ago, and 59.4 cents greater than it was one year ago, according to figures from the AAA and Oil Price Information Service.

The increased pump prices are the result of rising prices for imported crude oil, the type used by California refineries, according to Jeffrey Spring of the Automobile Club of Southern California.

Imported oil prices are rising because of concerns about worldwide inflation and unrest in the Middle East, Spring said.

(©2011 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

Comments

One Comment

  1. So what!! says:

    Its so funny how somebody farts in the middle east and gas prices go up!!!!

  2. Rick says:

    Oil Barrel: who told rise price for that? If price goes up and less job that mean we may not have foods so time for sow and growth our own garden, free.. Corn our garden….could be free gas for us all !

  3. ODB says:

    @ So what !!, not only do they fart , they fart and laugh.

  4. I LOVE HIGHER GAS PRICES says:

    LESS PEOPLE ON THE ROAD. LESS TRAFFIC, NICE COMMUTE TIME. 😀

  5. Ed Rincon says:

    my concern is why the media keeps quiet about clean free energy that we would all be using now. people like John Searl and Ed Leedskalnin, and others in the past created energy that would make the “Jetsons” look like a reality show instead of make believe. those in power, hung on greed, and corrupted need to let go and accept the inevitable.

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