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Gas Prices Still On The Rise



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(Sacramento, CA)
Tuesday, December 14, 2010

Emma Pendleton is filling up her car at a Shell station in East Sacramento…and she isn't happy about paying $3.29 a gallon.

"What's going on? Everything is going up, except my pay. How are we going to live, especially the poor people?"

AAA says prices are up 35-cents from last year at this time.

"Investors are the ones who are driving that."

Matt Skryja with AAA of Northern California says the better the worldwide economy looks, the more attractive crude oil becomes as an investment because of a potential rise in demand.

California's average gas price is the third highest among all 50 states and Skrya says that's because of taxes and state-mandated fuel additives.

"Anytime anything is put into the gasoline to make it burn cleaner as is required in California that is going to be passed onto the consumer."

The average price for a gallon of gas in the Sacramento area is now $3.24.

 

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