LOS ANGELES (CBS) — A Covina gas station may have the highest prices in the nation.

KNX 1070’s Mike Landa reports customers are questioning what’s going on at a Mobil station on Azusa Avenue that’s selling regular unleaded at $4.51 a gallon.

Thursday marks the 22nd increase in 23 days, pushing the average price 10.2 cents higher than a week ago, 24.6 cents above what it was one month ago and 66 cents greater than it was one year ago, according to figures from the AAA and Oil Price Information Service.

Further increases are expected because of the rising price of Brent crude oil, which is used to price the imported oil used by California refineries.

The chaos in Libya is among the reasons for increasing crude oil prices, according to oil analysts.

In fact, Moneywatch.com editor-at-large Jill Schlessinger says $5-a-gallon gas is not out of the question as political uncertainty hangs over the world’s most volatile region.

The price of a barrel of Brent crude on the ICE Futures exchange in London rose $5.47 Wednesday to $111.25.

(©2010 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 This material may not be published, broadcast, rewritten, or redistributed.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 (139)
  1. Hank Warren says:

    Obama’s energy ‘plan’, yet another violation of our rights. Add it to the list of gov’t violations of our right:
    They violate the 1st Amendment by placing protesters in cages, banning books like “America Deceived II” and censoring the internet.
    They violate the 2nd Amendment by confiscating guns.
    They violate the 4th and 5th Amendment by molesting airline passengers.
    They violate the entire Constitution by starting undeclared wars for foreign countries.
    Impeach Obama and sweep out the Congress, except Ron Paul.
    (Last link of Banned Book):
    http://www.iuniverse.com/Bookstore/BookDetail.aspx?BookId=SKU-000190526

  2. Jack Meyhoffer says:

    The Democratic vision of utopia is for all of us to be riding around on our bikes and working for the government.

  3. Captain Sensible says:

    Here’s a wild, crazy, radical idea…don’t drive!
    Don’t live in communities that require you to drive everywhere. Don’t work so far away from home that you are forced to commute. Cars are inventions. Freeways are inventions. They have become a necessity only because we allowed them to become so. We can and should do better.
    I’m a native californian now living in NYC where because of reasonably good public tranist, I don’t need a car. Do I miss the traffic? Hell no. When I want to get out of the city, I rent a zipcar. Appliances and furniture? I pay for delivery. Pretty simple, really.

    America – time to build denser, more compact, walkable communities. Invest in public transit. Do I believe this will happen? Unfortunately, no, I don’t. We have become soft, fat, and stupid. Here’s a wild, crazy, radical idea…don’t drive!
    Don’t live in communities that require you to drive everywhere. Don’t work so far away from home that you are forced to commute. Cars are inventions. Freeways are inventions. They have become a necessity only because we allowed them to become so. We can and should do better.
    I’m a native californian now living in NYC where because of reasonably good public tranist, I don’t need a car. Do I miss the traffic? Hell no. When I want to get out of the city, I rent a zipcar. Appliances and furniture? I pay for delivery. Pretty simple, really.

    America – time to build denser, more compact, walkable communities. Invest in public transit. Do I believe this will happen? Unfortunately, no, I don’t. We have become soft, fat, and stupid.

  4. Big Oilbama 2012 says:

    Looks like Obama and his oil buddies at BP are getting their way…more supply, less demand = more profits for Obama and friends!

  5. Edge says:

    How long do we have to protest in Worshington before the Obama Regime does the right thing and resign?

  6. Rick O'Shea says:

    Don’t forget that it’s Double Whammy Obammy who violates a court order because his administration refuses to issue drilling permits in the Gulf of Mexico.

  7. NadePaulKuciGravMcKi says:

    Big Oil wants their record profits now
    before they ever pay a cent for new oil

  8. Sean says:

    Actually everyone is missing the point, we actually have an over supply of oil, but we don’t have enough refinery capacity to keep up with the demand. That is what contributes to the majority of the full prices. When was the last new refinery built? How rarely do the existing refinerys expand capacity? And why does the San Francisco Bay area have a major refinery but gets all of its gas from Texas? The SF refinerys ship their gas north and east. We are paying more in gas here to import gas and to pay the cost to send our gas to Oregon and Washington…
    Any attempts to open new refinerys or power plants get blocked by environmental groups and NIMBY (Not In My Back Yard) types. Sadly we have blocked new refinery and power plants for far to long to see a quick fix. It would take 5 to 7 years for a new refinery or power plant build now to come online and ease prices.
    That doesnt mean we shouldnt do it, it just high lights we waited to long and we will suffer for more time to come regardless.

    1. roofie says:

      CA is on record as committing to never allowing any more refineries to be built inside their state. That can’t be good for prices.

  9. BryanZ says:

    No way! The Death Valley Gas Station is always the highest!

  10. SnotPuppy says:

    Got to LOVE it. Californacaters paying large at the pump. Ever think it has something to do with the fact there are a zillion people in CA driving cars and wasting it while locked in traffic for hours on the freeways?

  11. victor says:

    $4.5 a gallon is a small price to live in the People Republic of California. Long live f***ing Socialism!

  12. tim vanderschaaf says:

    They shound investigate Ridgecrest Ca. Gas today at the value gas station $4.65 and at the premium stations $4.90 for regular. It is highway robery and they seem to be getting away with it..

  13. Rationalist says:

    It’s still under $3 here in Texas. Not that I like BO, but California is it’s own biggest problem – along with the rest of the country’s.

  14. Nothing New says:

    Oh yeah here’s an idea. DRILL HERE! Be dependent on no other country but WE OURSELVES! This administration has continually tightened the noose on OUR resources … why is that you suppose! Oh and wait it will create jobs too. I am sick of sending our cash overseas to get cr*p in return!

  15. Gilbert says:

    We have change we can really believe in now. When Bush left office he had already lifted the moratorium on offshore drilling. The future expectations had driven down the price to 1.67 until Obama came. He now have hope an change, another moratorium to offshore drilling and 4 dollars plus per gallon. Keep hoping for change.

  16. OC Reporter says:

    This is why I never buy Mobil…

  17. TJG says:

    When Bush was president the senators all camped in front of gas pumps complaining and blaming. Now Obama is president and only the crickets are out.

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